Crypto.com Partners with IP Strategy to Support Digital Asset Treasury Strategy

Rhea-AI Summary

IP Strategy (Nasdaq: IPST) announced a strategic partnership with Crypto.com on Nov. 11, 2025 to underpin IP Strategy’s digital-asset treasury strategy.

Crypto.com will provide execution, custody, OTC trading, and staking services for IP Strategy’s new treasury reserve, which includes 52.5 million $IP tokens valued at over $230 million. The deal follows IP Strategy’s August PIPE financing and is noted as the first time a Nasdaq-listed company has adopted $IP tokens as its primary reserve asset. Interested clients can contact Crypto.com custody via crypto.com/custody or partners via partners@crypto.com.

Positive

• 52.5M $IP tokens added to treasury valued at >$230M
• Crypto.com to provide custody, execution, OTC, and staking for treasury assets
• First Nasdaq-listed company to adopt $IP as primary reserve asset

Negative

• Treasury concentrated in a single digital asset: >$230M in $IP tokens

Insights

Treasury infrastructure analyst

Crypto.com will custody and provide trading/staking for IP Strategy's $IP treasury reserve, a material institutional adoption event.

Crypto.com will deliver custody, execution, OTC trading, and staking for IP Strategy’s treasury holding of 52.5 million $IP tokens valued at $230 million, marking the first Nasdaq-listed company to hold $IP as its primary reserve asset as of Nov. 11, 2025. This creates direct operational dependence on Crypto.com’s institutional infrastructure to secure assets, provide liquidity, and generate yield.

Key risks and dependencies include successful custody onboarding, continuous OTC liquidity to support large trades, and reliable staking operations; each affects treasury fungibility and reported reserve value. Watch implementation milestones and counterparty terms with Crypto.com, plus any disclosure around custody insurance or staking terms in the near term; these items should materialize in the immediate weeks to months following the announcement.

Delivering Institutional-Grade Custody, Trading, and Staking Infrastructure to Underpin $IP’s Treasury Operations

GIG HARBOR, Wash., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Crypto.com today announced a strategic partnership with IP Strategy (Nasdaq: IPST), the first company to hold $IP tokens as a primary reserve asset. IP Strategy provides public market investors with regulated equity exposure to the $80 trillion programmable intellectual property economy.

As part of the partnership, Crypto.com will provide execution, custody, Over-the-Counter trading, and staking services for IP Strategy’s new treasury reserve, which includes 52.5 million $IP tokens valued at over $230 million. This news follows IP Strategy’s August PIPE financing and marks the first time a Nasdaq-listed company has adopted $IP tokens as its primary reserve asset. Crypto.com’s infrastructure offers secure custody, deep liquidity, and yield-generating tools to help institutions manage digital assets effectively.

“As companies embrace digital assets as part of their long-term treasury strategy, it’s essential they have access to secure, scalable infrastructure,” said Eric Anziani, President and Chief Operating Officer of Crypto.com. “We’re excited to work alongside IP Strategy to provide the institutional support needed to execute their digital asset strategy with confidence.”

“Intellectual property presents an $80T opportunity and this is just the beginning of a new era where IP unlocks a productive, investable asset class with real-world utility,” said SY Lee, Co-Founder and CEO of Story. “We’re proud to see $IP tokens at the center of this transformation, supported by the robust infrastructure of Crypto.com and the forward-thinking of IP Strategy.”

Interested clients can submit contact requests at crypto.com/custody. If you’re interested in partnering with Crypto.com, reach out to partners@crypto.com.

About Crypto.com
Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.

Learn more at https://crypto.com.

About IP Strategy

IP Strategy (Nasdaq: IPST) is the first Nasdaq-listed company to hold $IP tokens as a primary reserve asset and operate a validator for the Story Protocol. IP Strategy provides public market investors broad exposure to the $80 trillion programmable intellectual property economy in a regulated equity format. IP Strategy’s treasury reserve of $IP tokens provides direct participation in the Story ecosystem, which enables on-chain registration, licensing, and monetization of intellectual property.

Heritage Distilling Holding Company, Inc. is the registered corporate name of IP Strategy.

About Story

Story is the AI-native blockchain network powering the $IP token and making intellectual property programmable, traceable, and monetizable in real time. Backed by $136 million from a16z crypto, Polychain Capital, and Samsung Ventures, Story launched its mainnet in February 2025 and has rapidly become a leading infrastructure for tokenized intellectual property. Story allows creators and enterprises to turn media, data, and AI-generated content into legally enforceable digital assets with embedded rights, enabling automated licensing and new markets for intellectual property across AI and entertainment.

Forward-Looking Statements

This press release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as “aims,” “anticipates,” “believes,” “could,” “estimates,” “expects,” “forecasts,” “goal,” “intends,” “may,” “plans,” “possible,” “potential,” “seeks,” “will,” and variations of these words or similar expressions that are intended to identify forward-looking statements. Any such statements in this press release that are not statements of historical fact may be deemed to be forward-looking statements. These forward-looking statements include, but are not limited to, the expected benefits and results from IP Strategy’s strategic partnership with Crypto.com, IP Strategy’s ability to maintain a strategic partnership with Crypto.com and the ability of Crypto.com to perform certain services for IP Strategy’s new treasury reserve.

Any forward-looking statements in this press release are based on IP Strategy’s current expectations, estimates and projections only as of the date of this release and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, risks related to IP Strategy’s digital asset treasury strategy and validator operations, any failure for IP Strategy’s strategic partnership with Crypto.com to achieve its anticipated results, the risk that IP Strategy will not realize expected benefits from the strategic partnership with Crypto.com or may take longer to realize than expected, the legal, commercial, regulatory and technical uncertainty regarding digital assets generally, expectations with respect to IP Strategy’s future performance and $IP token’s potential. These and other risks concerning IP Strategy’s programs and operations are described in additional detail in its registration statement on Form S-1 filed with the SEC on August 26, 2025, as amended by Amendment No. 1 filed on October 16, 2025, its latest annual report on Form 10-K, subsequent quarterly reports on Form 10-Q and annual reports on Form 10-K, and any other subsequent filings with the SEC. IP Strategy explicitly disclaims any obligation to update any forward-looking statements except to the extent required by law

Investor Contact
(800) 595-3550
ir@ipstrategy.co

FAQ

What did IP Strategy (IPST) announce on Nov 11, 2025?

IP Strategy announced a partnership with Crypto.com for execution, custody, OTC trading, and staking of its treasury reserve including 52.5M $IP tokens.

How many $IP tokens does IP Strategy hold in its treasury and what are they worth?

IP Strategy’s new treasury reserve contains 52.5 million $IP tokens valued at over $230 million.

What services will Crypto.com provide to IP Strategy (IPST)?

Crypto.com will provide institutional-grade custody, execution, OTC trading, and staking services for IP Strategy’s treasury assets.

Is IP Strategy the first Nasdaq-listed company to use $IP tokens as a primary reserve asset?

Yes; the announcement states this is the first time a Nasdaq-listed company has adopted $IP tokens as its primary reserve asset.

Where can investors or clients request custody services from Crypto.com mentioned in the IPST announcement?

Interested clients can submit contact requests at crypto.com/custody or email partners@crypto.com for partnership inquiries.