St. Jude sells $676K in donated ASTEROID tokens for ETH, highlighting crypto donations' growing role in nonprofits.

St. Jude Children’s Research Hospital sold donated ASTEROID tokens for about $676,000 worth of Ethereum (ETH). The tokens were received as a donation, not purchased, and converted into ETH to increase liquidity. This sale draws attention as crypto donations to nonprofits are still rare and can impact smaller token markets. The transaction reflects a growing trend of nonprofits managing and liquidating crypto assets, signaling increased institutional involvement in digital asset philanthropy.