According to Wu, Heritage Distilling (NASDAQ: CASK) announced a partnership with Story Foundation to launch an IP Token reserve program valued at approximately $361 million, becoming the first publicly traded company to use IP as a primary reserve asset. The company will acquire 52.5 million IP through a $220 million PIPE financing (including $100 million in cash and $120 million in IP), with participants including a16z crypto, Polychain, dao5, and others. The Story Foundation plans to repurchase equivalent IP within 90 days.

📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ

💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
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4. Submissions must be original and comply with community guidelines. Plagiarism or re

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