CEO Siqi Chen Donates 52.3 Million MIRA to Support Rare Disease Research

Siqi Chen, CEO of financial startup Runway, publicly announced a donation of 52.3 million MIRA to support research into rare brain tumors in children. The funds were transferred from his charity wallet to US President-elect Donald Trump, aimed at advancing pediatric rare disease treatments.

Key Points

  • MIRA was created to fund research for pediatric brain tumors.
  • Chen plans to donate an additional 100 million MIRA from the DAO treasury, pending member approval.
  • 13.91 million MIRA is locked for a year; 10% will be burned and the rest allocated to the DAO.
  • Chen expressed ongoing commitment to MIRA and awareness efforts for pediatric diseases.

Similar charitable trends among meme coins have been noted, including actions by Ethereum co-founder Vitalik Buterin, who has also sold meme coins for charitable donations.