Giggle Academy Sells Donated Meme Coins Amid Volatility Concerns

Giggle Academy, a free education platform founded by Changpeng 'CZ' Zhao, is clarifying its token donation practices after receiving millions in unsolicited meme coin donations. The organization sells donated tokens to fund its operations and has no token of its own or plans to launch one.

A community-driven meme coin called GIGGLE on the BNB Smart Chain has been generating automated donation fees for Giggle Academy, with a 5% trading fee going directly to the platform's public donation address. In September 2025, the academy received over $1.3 million in just 12 hours from this token alone.

CZ has stated that the academy plans to burn half of certain received tokens and convert the remainder into BNB for operational funding. Giggle Academy holds over $7.7 million worth of assets, including BNB and stablecoins, which suggests an understanding of the volatility risk associated with meme coins.