New York City's rapidly expanding crypto industry is coming together to address non-crypto issues with a positive message about digital assets.
New York Cares, New York City's largest volunteer network, has officially kicked off "Crypto for Good" – a first-of-its-kind industry-wide campaign supporting underserved schools and students as part of the Stand with Students initiative, led by several key crypto partners and financial players.
$400,000 raised for Title I schools
Now in its sixth year, Stand with Students delivers indispensable academic support to New York City's Title I schools that educate students with the least access and the greatest needs.
This year's campaign has raised more than its $400,000 goal so far, meaning tens of thousands of students can receive tutoring, SAT preparation, and college application guidance.
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The timing is crucial. The National Education Association reports that 94% of teachers nationwide use their own money for supplies, with those in Title I schools bearing the brunt.
Industry leaders come together
The 2025 campaign is led by Keith A. Grossman, President of MoonPay, a longtime member of the New York Cares board and former media executive at TIME and Bloomberg. Grossman emphasized the symbolism of the campaign, explaining that crypto essentially is about "building a better future."
The initiative is supported by 16 organizations, including The Solana Foundation, Robinhood, Ripple, FalconX, Anthony Pompliano, StarkWare, Fireblocks, Dapper Labs, BroadLight Capital, LionTree, Arrington Capital, KBW Cake Walle,t Wave, Exodus, and MoonPay.
Innovation in giving
The campaign is part of New York Cares' broad embrace of innovation. The nonprofit, which began accepting donations in crypto in 2021, partnered with the NYC Schools Chancellor to publicize that donations can be made through digital assets in 2022.
Sapreet Saluja, Executive Director of New York Cares, praised the effort:
"We are incredibly grateful to see the crypto industry rally behind New York City's students and teachers. Their generosity ensures that tens of thousands of students receive the support they need to succeed."
New York is emerging as the capital of the world's crypto scene – and this one actually cares about its community, not just chasing coins. It promises to make a practical impact on society. Those who wish to take part can donate to a New York Cares fund to scale up the Stand with Students initiative.
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This story was originally reported by TheStreet on Sep 29, 2025, where it first appeared in the Business News section. Add TheStreet as a Preferred Source by clicking here.
