CoinVoice has learned that, according to businesswire, the Nasdaq-listed company Heritage Distilling has announced the completion of a $220 million financing, with investments from a16z crypto, Amber Group, Arrington Capital, dao 5, Hashed, Mirana Ventures, Neoclassic Capital, Open World, Polychain Capital, Selini Capital, Stix, and Syncracy Capital.
The company will allocate $82 million to purchase IP tokens to establish an IP token reserve. [Original link]