Cardano's UNHCR ETP Wins Innovation Award at Philanthropy Summit

2025-10-22 20:31

Cardano's Impact for UNHCR ETP (CASL) has been awarded the top innovation prize at the 2025 Redefining Philanthropy Summit. The award, presented by 14 leading NGOs, recognized CASL from over 160 global projects for its innovative approach to philanthropy. The blockchain-powered ETP, listed on the Swiss Stock Exchange in May 2025, directs 100% of ADA staking rewards, with an estimated annual yield of around 3%, to UNHCR refugee programs. The funds are allocated with 80% supporting field operations and 20% dedicated to blockchain innovation. This initiative enables institutional investors to contribute to humanitarian efforts while maintaining their ADA holdings.

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