ASU Foundation now accepting cryptocurrency gifts
ASU supporters have been donating to the university using cash, stocks, bonds, fine art, real estate, life insurance and many other traditional modes of giving. Now those philanthropic options are expanding extensively. The ASU Foundation for a New American University has begun accepting 90 kinds of cryptocurrencies, enabling new options for engaging with a broader and more diverse range of donors through more seamless processes that could provide supporters various benefits. Dragan Boscovic, Fulton Schools professor of computer science and director of the Blockchain Research Lab, says the use of cryptocurrency for philanthropy can open the way to opportunities for ASU to participate in a blockchain network that would produce additional financial advantages.