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Kraken Announces Largest-Ever Grant to BTCPay Server – Bitcoin Magazine

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The Summer of 2020 will forever go down as the “Summer of Giving” within the Bitcoin community as yet another significant grant is being given to support open-source development.

Cryptocurrency exchange Kraken[2] has announced it has sent $150,000 worth of bitcoin to help support the further development of open-source bitcoin payment processor BTCPay Server. This gesture from Kraken marks the largest-ever donation to BTCPay and coincides with their recognition of Micro-, Small and Medium-sized Enterprises Day[3].

“A recognition from a big enterprise like Kraken makes us feel energized. At the same time, it puts a positive pressure and responsibility we have to the entire community. Sustainability and structure on our end mean that we can have full focus on our mission, ensuring anybody can have a dream, without worrying of their dreams being shuttered because of geographic, political or financial barriers,” BTCPay Server contributor Pavlenex[4] told Bitcoin Magazine.

“BTCPay stood out as an open-source project with a clear focus on users’ needs. Their documentation makes it easy to get started and accept Bitcoin payments. This is fully aligned with Kraken’s mission to accelerate the adoption of cryptocurrency,” a Kraken spokesperson explained.

BTCPay has long been a favorite of the Bitcoin community because of its dedication to ensuring anyone can accept bitcoin without third-party involvement. Coinciding with the announcement

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