Nasdaq’s Heritage Distilling Makes $360M Token Play With Story Foundation

TLDR: Heritage to hold 52.5M $IP tokens worth $361M after PIPE deal with Story Foundation. $82M of proceeds will buy $IP at $3.40; Story to repurchase $IP in the market. First Nasdaq-listed firm to make $IP its primary reserve asset. Deal backed by a16z crypto, Polychain Capital, and Amber Group. Heritage Distilling Holding Company has [...]

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