Within the first few hours, Come Back Alive, a Kyiv-based foundation providing support to the Ukrainian army, raised around $400,000 in bitcoin, according to blockchain analytics firm Elliptic. As of 5:30 a.m. ET Friday, the organization’s wallet appears to have received 109 BTC (approximately $4.1 million) over more than a thousand donations in total.

the first few hours, Come Back Alive, a Kyiv-based foundation providing support to the Ukrainian army, raised around $400,000 in bitcoin, according to blockchain

Ukrainian NGOs and volunteer groups raised over $500,000 in cryptocurrencies over the past year. The company has tracked the funds by identifying cryptocurrency wallets used by these organizations. For instance, the Ukrainian Cyber Alliance, a collective of activists conducting cyberattacks against Russian targets, has received nearly $100,000 to its bitcoin, ether, and litecoin addresses.

CEO of cryptocurrency exchange FTX, Sam Bankman-Fried, tweeted that the company had given $25 to each Ukrainian client. Additionally, Russian protest group Pussy Riot, Trippy Labs and PleasrDAO launched Ukraine DAO, a decentralized autonomous organization dedicated to raising funds for Ukrainian civilian organizations.