Story and Heritage Distilling partner to launch $360 million in strategic IP reserves, marking a16z's first participation in a listed company's token treasury allocation.

Story, an AI-native infrastructure and programmable IP blockchain, announced the launch of a $360 million $IP token reserve program in collaboration with Nasdaq-listed Heritage Distilling (NASDAQ: CASK), with support from top institutions such as a16z crypto, Selini Capital, Amber Group, Arrington Capital, dao5, and Hashed.