Heritage Distilling Introduces IP Strategy, Reflecting New Focus on $IP Token Treasury Strategy and the $80 Trillion Intellectual Property Economy
Heritage Distilling Holding Company, Inc. (Nasdaq: CASK) (“Heritage” or the “Company”) today announced its “IP Strategy,” reflecting the first of many steps in its imminent evolution into a public-market vehicle centered on the accumulation of $IP tokens, the native token of the Story network.
Heritage Distilling Completes $223.8 Million Private Placement, Reducing Debt by $19.3 Million While Adding More than $320 Million in $IP Tokens to Treasury
Heritage Distilling Holding Company, Inc. (Nasdaq: CASK) today announced the successful completion of its $223.8 million private placement offering, consisting of $95M in cash and $128.8M in $IP tokens, with support from Story Foundation and other leading investors, including a16z crypto, Amber Group, Arrington Capital, dao5, Hashed, Mirana Ventures, Neoclassic Capital, Open World, Polychain Capital, Selini Capital, Stix, Syncracy Capital and others, to support the launch of a first-of-its-kind $IP token digital asset treasury strategy. The transaction closed on August 15, 2025.
Heritage Distilling (Nasdaq: CASK) and Story Foundation Announce the Launch of $360M $IP Token Reserve, With Participation from a16z crypto and Other Prominent Investors
Heritage Distilling Holding Company, Inc. (Nasdaq: CASK) (“Heritage” or the “Company”) today announced the pricing of a $220 million private placement offering ($100M in cash and $120M in $IP tokens) with support from Story Foundation and other leading investors, including a16z crypto, Amber Group, Arrington Capital, dao5, Hashed, Mirana Ventures, Neoclassic Capital, Open World, Polychain Capital, Selini Capital, Stix, Syncracy Capital and others, to support the launch of a first-of-its-kind $IP token digital asset treasury strategy.
