Ukrainian officials have utilized funds from the crypto donation platform launched by the government to acquire provisions for the country’s military during its ongoing war with Russia.
Ukraine’s minister of digital transformation stated that the country had purchased five all-terrain vehicles, which will come in handy for a challenging environment. Funds for three of the ATVs originated from Aid for Ukraine, a platform the government launched in March that accepts crypto donations “to support people in their fight for freedom.”
Aid for Ukraine has reportedly raised more than $60 million in Bitcoin, Ether, Tether, DOT, Solana and USD Coin. It was reported that the government had already used some of the funds to supply 5,000 gas masks to state border guards and the army. Aid for Ukraine has also purchased more than 5,000 optical and thermal imaging devices for the nation’s military since the war began.
Since the start of the Russian military invasion the Ukrainian government has turned to the crypto space many times as a solution for receiving funds from concerned parties.
It was announced that the government would accept contributions in the form of nonfungible tokens or NFTs which will in turn be sold to contribute to the Ukrainian war effort.
