Heritage completed a $220 million private sale and launched the world's first IP Token financial strategy.

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[Block Rhythm] On August 11, it was reported that Heritage Distilling Holding Company (NASDAQ: CASK) announced today the completion of a $220 million private sale (with $100 million in cash and $120 million in IP tokens). This round of financing was participated in by the Story Foundation and several institutions, aimed at launching the world's first IP token digital asset fiscal strategy.

This transaction adopts a "equity + token" hybrid PIPE structure, Heritage will raise $100 million in cash through the issuance of common stock and warrants, while receiving IP tokens from institutions such as the Story Foundation at a fixed price of $3.4 per share. Upon completion of the transaction, the company's reserve will hold approximately 52.5 million IP (valued at $361 million based on the closing price of $6.8785 on August 10, 2025).

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OnChain_Detectivevip
· 20h ago
hmm... flagged some unusual wallet patterns here. need deeper analysis before fomo kicks in tbh
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HorizonHuntervip
· 20h ago
So fragrant, how many people are waiting to copy homework?
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GasBankruptervip
· 20h ago
Play people for suckers, some money is coming!
View OriginalReply0
GasFeeTearsvip
· 21h ago
Rich people are really fun.
View OriginalReply0
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