PANews August 25 news, according to Businesswire, NASDAQ-listed Heritage Distilling Holding Company announced the completion of a $223.8 million private placement, which was supported by the Story Foundation and other investors, including a16z crypto, Amber Group, Arrington Capital, dao5, Hashed, Mirana Ventures, Neoclassic Capital, Open World, Polychain Capital, Selini Capital, Stix, Syncracy Capital, etc., aimed at supporting the launch of IP token digital asset financial strategies. This transaction was completed on August 15. As of now, the company holds over 53.2 million Story native tokens, with the holding valued at approximately $320 million based on the price on August 22.