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Crypto billionaire’s £20m pledge ‘counters lacklustre science funding’

Crypto billionaire’s £20m pledge ‘counters lacklustre science funding’

Ben Delo’s donation launches £60m London Institute for Mathematical Sciences fundraising drive

A cryptocurrency entrepreneur has pledged £20 million to the London Institute for Mathematical Sciences, as the organisation launches a £60m fundraising drive.

On 3 March, Lims—Britain’s independent institute for physics and maths—launched the fundraising drive and announced that Ben Delo, the billionaire co-founder of the world’s top platform for trading cryptocurrency, BitMex, had made the first pledge.

The fundraising drive aims to raise £60m to support “in perpetuity the work of its researchers”. Delo’s contribution is £10m, and up to £10m more, matching the sum of the next two largest gifts in the drive.

Thomas…

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