<p>HDR Global Trading Limited, the operator of crypto derivatives exchange BitMEX, is donating a total of $2.5 million to four organizations working to fight the coronavirus pandemic.</p> <p>These are Gates Philanthropy Partners, Nuclear Threat Initiative (biosecurity program), OpenMined and Our World in Data, BitMEX <a href="https://blog.bitmex.com/how-we-are-responding-to-covid-19/">announced</a> on Monday. Each of these organizations would receive grants between $300,000 and $1,000,000.</p> <p>“We are committed to thoughtful grantmaking and ensuring that our actions during the COVID-19 crisis can make the biggest impact now and in the future,” said Arthur Hayes, co-founder and CEO of HDR Global. Hayes added that these four organizations are making a “tangible” difference in tackling coronavirus and mitigating global catastrophic biological risks.</p> <p>HDR Global consulted philanthropic advisory group Effective Giving U.K. for the donation.</p> <p>The BitMEX operator isn’t the only crypto firm to pour millions into the global fight against coronavirus. Earlier this month, <a href="https://www.coindesk.com/binance-donated-2-4m-in-coronavirus-medical-supplies-cz-pledges-more">Binance committed</a> at least $2.4 million in crypto to buy coronavirus medical supplies and planned to further donate up to $2 million more through Binance Charity Foundation.</p> <p>Blockchain firm Bitfury also recently <a href="https://medium.com/meetbitfury/bitfury-donates-computing-power-to-covid-19-research-8c5d8015c64a">donated</a> some of its GPU-based computing power towards coronavirus research.</p>