Wu News learned that Heritage Distilling (NASDAQ: CASK) announced the completion of a $223.8 million private financing, including $95 million in cash and $128.8 million in IP tokens, led by Story Foundation, with participation from a16z crypto, Amber Group, Polychain, Hashed, and others. The company has repaid $19.3 million in debt and holds over 53.2 million IP tokens, valued at over $320 million.