AB Charity Foundation has further added 5 million, with a total of 15 million Hong Kong dollars in three donations, practicing the "Spirit of Lion Rock" with the Hong Kong Branch of the Chinese Association for Promoting Peaceful Reunification.

By: blockbeats|2025/12/03 04:00:02

Source: AB Charity Foundation

On the afternoon of November 26, 2025, a level-5 fire broke out at Wang Bo Wai, Hong Kong, causing significant casualties and property losses. This serious disaster touched the hearts of the entire Hong Kong and global Chinese community, and various sectors took emergency action to support the affected residents through donations, supplies, and volunteer services.

Against this backdrop, on November 28, 2025, the AB Charity Foundation took the lead in donating 10 million Hong Kong dollars; on December 1, the foundation added another 2 million Hong Kong dollars, with a total donation of 12 million Hong Kong dollars through the Hong Kong Association for the Promotion of Peaceful Reunification of China.

On December 2, the AB Charity Foundation once again added a donation of 3 million Hong Kong dollars. So far, regarding the relief projects related to the Wang Bo Wai fire, the AB Charity Foundation has donated a total of 15 million Hong Kong dollars through the Hong Kong Association for the Promotion of Peaceful Reunification of China. The foundation hopes to assist the affected residents in returning to normal life as soon as possible with the joint efforts of the Hong Kong SAR Government and the various sectors of society, continuing the spirit of solidarity and mutual assistance carried by the "Lion Rock Spirit."

The AB Charity Foundation stated that it will continue to follow up on the disaster situation and donate further as appropriate.

About AB Charity Foundation

The AB Charity Foundation is an independent international non-governmental organization registered in Ireland and holding the status of a legal entity in the European Union, with its technical and financial support coming from AB DAO. The foundation is committed to building a transparent, trustworthy, and traceable public welfare infrastructure with cutting-edge technologies such as blockchain and artificial intelligence to promote sustainable development in public utilities such as education, healthcare, environment, and humanitarian aid.

AB Charity Foundation Website: https://www.abfdn.org

AB DAO Website: https://www.ab.org

AB Charity Foundation has further added 5 million, with a total of 15 million Hong Kong dollars in three donations, practicing the

This article is contributed content and does not represent the views of BlockBeats.

The signing of this Memorandum of Understanding marks the collaboration between AETDEW and the AB Charity Foundation X AB DAO to cooperate in advancing engineering and technological progress, smart grid technology, and renewable energy systems, among other areas, to collectively address the energy challenges faced by developing countries.

WLFI partners with AB to officially deploy the USD1 stablecoin on the AB public blockchain

November 12, 2025—World Liberty Financial (WLFI) and AB Public Chain announced a partnership, and USD1 has officially been deployed on the AB Public Chain. Leveraging the high-performance network of the AB Public Chain, USD1 brings users a faster and more convenient stablecoin usage experience on-chain.

This partnership will further enrich the DeFi and payment ecosystem of the AB Public Chain, injecting stronger stablecoin infrastructure capabilities into applications such as trading, lending, and liquidity.

At the same time, the AB decentralized wallet, AB Wallet, is also committed to creating the most user-friendly USD1 wallet: supporting 0 fees, instant transactions, and full compatibility with the various chains where USD1 resides. In the future, it will also consider launching value-added services such as USD1 wealth management.

The launch of USD1 signifies an important step for the AB Public Chain in stablecoin infrastructure development.

AB DAO Official X

This article is a contributed submission and does not represent the views of BlockBeats.

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AETDEW Emerging World Engineering and Technology Research Institute partnered with the AB Foundation X AB DAO on November 22, 2025, at the AETDEW headquarters in Kuala Lumpur to sign a Memorandum of Understanding (MoU).