Crypto.com, a Singapore-based cryptocurrency exchange, said on Friday that it has made a four-year grant to the Digital Currency Initiative (DCI) at the Massachusetts Institute of Technology (MIT) Media Lab.
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The grant, of an unspecified amount, aims to support DCI’s research into the security of bitcoin and open-source development of protocols that underlie the network.
“MIT’s Digital Currency Initiative is playing a critical role in building a sustainable blockchain ecosystem, in particular by fortifying bitcoin’s underlying protocol,” said Eric Anziani, Crypto.com’s COO.
Crypto.com also supports the Secure Blockchain Initiative at Carnegie Mellon University, advancing on-chain safety.
The Block reported last month that Crypto.com will be an official sponsor of the FIFA World Cup, to be held this year in Qatar.
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