According to Crowdfundinsider, Crypto.com announced a partnership with Nasdaq-listed company IP Strategy (NASDAQ: IPST). IP Strategy became the first company to use $IP tokens as its primary reserve asset.
As part of the partnership, Crypto.com will provide execution, custody, over the counter and pledge services for IP Strategy's new reserve asset, which contains 52.50 million $IP tokens worth over $230 million.
Crypto.com president and chief operating officer Eric Anziani said that as businesses incorporate digital assets into their long-term financial strategies, access to secure, scalable infrastructure is critical. Story co-founder and CEO SY Lee said that intellectual property represents a $80 trillion opportunity, marking the beginning of a new era of intellectual property unlocking investable asset classes with real-world utility.
Crypto.com partners with IP Strategy to provide digital asset services for its $230 million + IP token reserve
2025-11-13 04:15:33
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