CoinWorld news, on August 11, according to rockflow data, the stock price of the new 'IP Financial Strategy' company Heritage Distilling (CASK) fell 15% in pre-market trading, currently reported at $0.59. CoinWorld previously reported that Heritage Distilling Holding Company (NASDAQ stock code: CASK) announced today the completion of $220 million in private financing ($100 million in cash and $120 million in IP tokens), with this round of financing participated by the Story Foundation and institutions such as a16z crypto and Amber Group, aimed at launching the world's first IP token digital asset financial strategy.