As ETH and BNB have also begun to engage in US stock micro-strategies, and have brought significant price growth in the secondary market, many powerful projects have also begun to set up their own strategic reserves. For example, Nasdaq-listed $CASK recently established a $360 million $IP digital asset treasury strategic fund to fund $IP strategic reserves. $CASK will allocate $82 million to purchase tokens from the Story Foundation, while IP will repurchase all this money in the secondary market, and this part of the repurchased tokens will be directly locked, which is actually the same as removing circulation and burning. This brings strong support to the price, and it can be estimated that the price of the token will perform well in the future. In addition to the actions in the secondary market, other ecological projects also have many opportunities to pay attention to. Including AI project @psdnai, meme launchpad @ipdotworld, RWA project @Aria_Protocol, and staking protocol @verio_story can all be understood and followed.
On August 15, 2025, Nasdaq: $CASK officially closed the PIPE financing to establish a treasury strategy focused on $IP. As promised, the Story Foundation will carry out the $82M buyback program on the open market, running through November 16, 2025. The 90-day window began on August 15, 2025, following the official deal closure. We will provide periodic updates to the Story community on the progress of the $IP token buyback.
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