Supporting survivors of domestic abuse with crypto

Throughout the 12 Days of Coinbase, we’ve donated crypto to communities underserved by traditional finance. We’re culminating our campaign by donating $25,000 worth of Bitcoin to help more than 60 survivors of domestic violence on their path to independence and safety.

The donation directly supports survivors connected with FreeFrom, a non-profit that helps domestic abuse survivors achieve financial stability, reducing the chances they return to abusive homes. According to Sonia Passi, CEO of FreeFrom, 98% of domestic abuse also involves financial abuse, in which abusers control access to bank accounts and cash. Because of this, FreeFrom typically couldn’t provide cash assistance until after someone has already left their abuser. Cryptocurrency can change that.

With crypto, FreeFrom can better provide financial support to survivors still stuck in the cycle of active domestic abuse. Crypto isn’t just money for survivors, it’s money that only they can control with easy draw-down options and discreet access. For this population, the security of cryptocurrency literally could be lifesaving.