Crypto Gifts Are Redefining Museum Donations
A growing number of high-profile museums are now accepting cryptocurrency donations, marking a significant shift in the traditional fundraising landscape. From the Metropolitan Museum of Art to the Philadelphia Museum of Art, institutions are increasingly embracing digital currencies as a meaningful source of funding.
One notable example is the Toledo Museum of Art, which has received several dozen valuable artworks and assets, including shares in tech companies, real estate, and cryptocurrencies like Bitcoin, Ethereum, Litecoin, Solana, and others. These gifts have proven to be more lucrative than traditional cash donations, with some valued at tens of thousands of dollars.
However, converting cryptocurrency into usable funds requires expertise and specialized platforms. The Giving Block, a Pennsylvania-based organization that helps nonprofits convert cryptocurrency donations into U.S. dollars, has partnered with over 30 museums and cultural institutions across the US. In 2025 alone, more than $1.2 million in crypto was donated to museums, representing a nearly 50% increase from the previous year.
The trend is driven by younger, wealthier donors who have seen significant gains in the value of cryptocurrencies like Bitcoin. According to Chris Haydon, founder of Crypto Appraisal Pro, over 70% of top charities in the US now accept cryptocurrency donations, up from just 12% in 2020. Donations have more than tripled in the past year, driven by the increasing wealth generated by cryptocurrencies.
While accepting crypto is becoming standard practice among major charities and institutions, finding qualified appraisers to value digital assets remains a challenge. The IRS requires a qualified appraisal for donations exceeding $5,000, but none of the two largest appraiser associations list crypto as a specialty. Donors may need to seek out specialized services or platforms that offer expert valuations.
As the landscape continues to evolve, some museums are embracing this new wave of fundraising with open arms. The High Museum of Art in Atlanta, for example, accepts stock and real estate donations, while others, like the Guggenheim, accept donations of stock. Online-only Museum of Crypto Art also accepts Bitcoin and other cryptocurrencies.
For art collectors, this shift offers a unique opportunity to support their favorite museums while potentially realizing significant gains themselves. As the crypto market continues to fluctuate, donors may be able to claim charitable deductions on the value of their digital assets at the time of donation, providing an additional incentive for contributions.
The rise of cryptocurrency donations is redefining the museum fundraising landscape, offering a new and innovative way for institutions to secure vital support.
A growing number of high-profile museums are now accepting cryptocurrency donations, marking a significant shift in the traditional fundraising landscape. From the Metropolitan Museum of Art to the Philadelphia Museum of Art, institutions are increasingly embracing digital currencies as a meaningful source of funding.
One notable example is the Toledo Museum of Art, which has received several dozen valuable artworks and assets, including shares in tech companies, real estate, and cryptocurrencies like Bitcoin, Ethereum, Litecoin, Solana, and others. These gifts have proven to be more lucrative than traditional cash donations, with some valued at tens of thousands of dollars.
However, converting cryptocurrency into usable funds requires expertise and specialized platforms. The Giving Block, a Pennsylvania-based organization that helps nonprofits convert cryptocurrency donations into U.S. dollars, has partnered with over 30 museums and cultural institutions across the US. In 2025 alone, more than $1.2 million in crypto was donated to museums, representing a nearly 50% increase from the previous year.
The trend is driven by younger, wealthier donors who have seen significant gains in the value of cryptocurrencies like Bitcoin. According to Chris Haydon, founder of Crypto Appraisal Pro, over 70% of top charities in the US now accept cryptocurrency donations, up from just 12% in 2020. Donations have more than tripled in the past year, driven by the increasing wealth generated by cryptocurrencies.
While accepting crypto is becoming standard practice among major charities and institutions, finding qualified appraisers to value digital assets remains a challenge. The IRS requires a qualified appraisal for donations exceeding $5,000, but none of the two largest appraiser associations list crypto as a specialty. Donors may need to seek out specialized services or platforms that offer expert valuations.
As the landscape continues to evolve, some museums are embracing this new wave of fundraising with open arms. The High Museum of Art in Atlanta, for example, accepts stock and real estate donations, while others, like the Guggenheim, accept donations of stock. Online-only Museum of Crypto Art also accepts Bitcoin and other cryptocurrencies.
For art collectors, this shift offers a unique opportunity to support their favorite museums while potentially realizing significant gains themselves. As the crypto market continues to fluctuate, donors may be able to claim charitable deductions on the value of their digital assets at the time of donation, providing an additional incentive for contributions.
The rise of cryptocurrency donations is redefining the museum fundraising landscape, offering a new and innovative way for institutions to secure vital support.