Bitget, The Ascent Project distribute P100k relief aid to Cebu earthquake victims

Leading universal exchange (UEX) platform Bitget extended its support to communities affected by the recent 6.9 magnitude earthquake in northern Cebu by sending P100,000 relief goods to victims.

In partnership with The Ascent Project, the donation drive included food packs and hygiene kits distributed to 118 residents in Bogo City and San Remigio who were heavily impacted by the disaster.

Bitget CEO Gracy Chen stressed the importance of teamwork in the community through the Filipino value of kabayanihan, during disasters such as this.

“My heart goes out to people that have been struggling during this difficult time. Our community in Cebu has helped us stand with those in need during such distress, we hope to support and continue building trust,” Chen said.

The relief operation took place last November 2, and was mobilized through Bitget’s local trading community, one of the company’s longest-running grassroots groups in Southeast Asia.

“Bitget remains committed to extending its presence beyond trading platforms and contributing to meaningful, on ground support where its communities need it most,” Chen emphasized.

This initiative also forms part of Bitget’s broader global impact strategy, which includes long-term partnerships, such as its collaboration with United Nations Children's Fund (UNICEF), to expand digital and blockchain education to over 1 million young people by 2027.

As recovery in northern Cebu continues, Bitget and its Philippine community partners are evaluating additional ways to provide assistance and support for rebuilding initiatives.

“We have always been more than just a crypto exchange platform, and this act reflects our approach to work directly with user communities to identify urgent needs and provide timely support,” she added.