Web3 investor and entrepreneur Carl Runefelt, better known as Carl Moon, recently made a significant impact in the world of crypto philanthropy by donating over $400,000 worth of cryptocurrency to Kids Operating Room (KidsOR). This nonprofit is dedicated to providing essential surgical care for children in underserved regions around the globe.
Encouraging the organization to accept digital assets, Runefelt helped unlock a new avenue for donations through cryptocurrency, which KidsOR’s co-founder and chairman Garreth Wood described as a “game changer.” According to Wood, the donation not only represented generosity but also demonstrated how blockchain-based fundraising can connect communities eager to leverage innovation for social good.
Children’s hospitals worldwide benefit from KidsOR’s efforts, and accepting crypto donations simplifies the process for supporters to contribute. The organization now accepts donations via the JustGiving platform, welcoming participants who want to help fund surgeries for children in need.
Crypto funding transforms lives worldwide
Runefelt views wealth accumulated through cryptocurrency as a responsibility to make a real difference. His donation has gone toward establishing operations theaters and recovery rooms in Tanzania and a children’s hospital in Zimbabwe, directly impacting healthcare access for vulnerable populations.
“Whenever we make life-changing money, we should remember that it can be transformative not just for ourselves, but for thousands of children around the world.”
Inspired by his brother, born with Down syndrome and having undergone more than 60 surgeries, Runefelt emphasizes the importance of accessible medical care. “If my brother hadn’t received surgery, he wouldn’t be here today,” he explained, urging the crypto community to support children facing similar challenges who lack access to necessary healthcare.
“Children around the world are in urgent need of help. I want to contribute and inspire others to do the same,” he added.
Embracing crypto donations for global health
Since its inception, KidsOR has built over 100 pediatric operating rooms across 35 countries, facilitating more than 726,000 surgeries. Wood highlights that expanding crypto donations can significantly increase this impact, potentially reaching millions more children.
While integrating cryptocurrencies into philanthropy presents challenges, Wood noted that Runefelt’s donation proved it’s achievable. He emphasized that blockchain’s transparency allows donors to see the direct impact of their contributions, fostering trust and accountability within crypto philanthropy.
Wood also underlined how the core values of decentralization and borderless access inherent to blockchain technology align with the goal of achieving health equity worldwide — making vital healthcare resources accessible to children regardless of location.
Related: South Korea to allow institutions to sell crypto donations in 2025
Crypto donations surpass $1 billion in 2024
Cryptocurrency philanthropy continues to grow, with donations surpassing $1 billion in 2024 amid clearer regulations and increased adoption. The Giving Block reported that more than 70% of leading U.S. charities now accept crypto, reflecting a shift towards mainstream integration of digital assets in charitable giving.