TechFlow news, on November 28, Cobo announced a donation of stablecoins worth 1 million HKD for relief and community rebuilding efforts following the Tai Po fire in Hong Kong. In collaboration with the Red Cross Society of Hong Kong, Cobo has activated a dedicated "compliant blockchain charity wallet" to ensure that all donations are fully transparent, traceable, and verifiable. The wallet is now open to the public, allowing direct contributions. All funds will be used for related rescue operations. Cobo stated it will continue monitoring the flow of donations and post-disaster reconstruction progress, and is willing to provide free technical support to charitable foundations seeking blockchain-based donation channels.
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