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Bitcoin Development Fund

Financial repression is how dictatorships hold power. The Bitcoin Development Fund supports open-source software development, Bitcoin research and educational initiatives, and financial privacy for the 6.2 billion people living under authoritarian regimes.

Apply now — join us in building tools for financial freedom

What we fund

HRF funds the work that makes Bitcoin censorship-resistant, unfreezable, and usable by people whose governments would rather they were not. Every grant is a bet on freedom. The fund operates in three categories, with grant amounts quoted in satoshis alongside USD.

What we're working on

How grants work

HRF reviews applications quarterly. We award grants in rounds, denominated in satoshis (with USD equivalents). Most awards run six to twelve months. After each round, HRF publishes a public summary of the projects funded, the recipients, and the impact.

Apply now

Recent grant rounds

HRF announces every Bitcoin Development Fund round publicly at hrf.org, naming recipients, satoshi amounts, and impact. Past rounds have included grants of 1.5 billion and 2 billion satoshis to projects worldwide. Recipients have included Bitcoin educators in southern Africa, Lightning privacy researchers, and developers of self-custody tooling for activists at risk.

See past grant rounds