🤑
#IP Heritage Distilling will purchase $360,000,000 worth of Story tokens for its reserves.
- $140 million will be allocated from the company's reserves, while $220 million will be raised through share issuance/sales.
Investors include Andreessen Horowitz (a16z), Amber Group, and Polychain Capital.
👉 Low-impact now: Mid-cap token buys don't move markets post-2023; watch SEC's Aug 31 SOL-ETF window for real adoption pipes.