Heritage Distilling completed a $223.8 million private sale financing and currently holds over 53.2 million IP Tokens.



Nasdaq-listed Heritage Distilling Holding Company announced the successful completion of a $223.8 million private sale financing, with participation from Story Foundation, a16z crypto, Amber Group, Arrington Capital, dao5, Hashed, Mirana Ventures, Neoclassic Capital, Open World, Polychain Capital, Selini Capital, Stix, and Syncracy Capital. The new funds will support its strategy for digital asset finance based on IP tokens. As of now, the company holds over 53.2 million native Story tokens IP, with a holding value of approximately $320 million based on the price of $6.0668 on August 22.
IP-0.76%
STIX3.13%
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