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Popular and newfound crypto exchange FTX has joined hands with a firm known as amfAR Gala Cannes to serve as the official sponsor and crypto partner of the Cannes’ annual preeminent philanthropic gala. In addition, founder of the exchange Sam Bankman-Fried and the head of global fashion and luxury partnerships Lauren Remington Platt will serve as chairs for the event.

FTX Is Helping to Find a Cure for AIDS

In an interview, Bankman-Fried commented:

A cure for AIDS remains to be discovered, and the impact of this disease is enormous. Approximately 4,100 people worldwide are becoming infected with HIV every single day, and while treatments are readily available in Western countries, impoverished regions struggle to access the same resources. AmfAR is a global leader in dedicating resources and research to effectively identify a cure for AIDS, and FTX is grateful to support the lifesaving work they are doing to help end the AIDS epidemic.

Remington Platt also threw her two cents into the mix, commenting:

As we continue growing at FTX, we are always looking for partners who are aligned with Sam’s mission of giving back to solve some of the world’s most challenging problems. We were immediately attracted to AmfAR and their mission to end the AIDS epidemic. The organization is an industry leader known for bringing the worlds of luxury, fashion, and philanthropy together during their renowned annual gala at Cannes. It has been a pleasure to work with Kevin and his team to incorporate cryptocurrency into the evening’s events.

Kevin Robert Frost – the chief executive officer of amfAR – stated:

We are deeply grateful to FTX and Sam Bankman-Fried and Lauren Remington Platt for generously supporting the amfAR Gala Cannes as a presenting sponsor. Their partnership brings an exciting new dimension to our gala and will help us maximize the potential of cryptocurrency to boost our fundraising efforts and get us closer to our goal of a cure for HIV.

The Festival Is Underway!

The event is set to take place during the Cannes Film Festival, arguably the largest and most well-known event of its kind. This year’s event chairs include an array of notable celebrities including Tom Hanks of “Forrest Gump” and “Cast Away” fame, Kate Hudson from “Almost Famous,” and Michelle Williams of “Brokeback Mountain.” The guest of honor will be Italian-American actor Robert de Niro, a two-time Oscar winner known for his roles in films like “Angel Heart,” “Taxi Driver,” and “Goodfellas.”

FTX has commented in the past that it is working hard to make the world a stronger and better place for all. It has entered several philanthropic partnerships over the past few years to support a wide array of charities and causes. In 2022 alone, the company has provided more than $1 billion to charities looking to aid animal welfare, global poverty, and climate change.

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