Public Company's $IP Token Reserve Marks the Beginning of a Programmable IP Economy Era
- Crypto.com partners with IP Strategy, first public company to use $IP tokens as primary reserve asset. - Agreement includes custody, trading, and staking for 52.5M $IP tokens valued at $230M, boosting institutional IP token adoption. - Partnership enables regulated exposure to $80T programmable IP economy via Story Protocol's blockchain infrastructure. - Executives highlight infrastructure's role in securing IP assets while risks like liquidity and custody execution remain critical concerns.
Crypto.com (CRO) has formed a strategic alliance with IP Strategy (Nasdaq: IPST), marking the first instance where a publicly listed firm has selected $IP tokens as its main reserve asset. As part of this partnership, Crypto.com will handle custody, trading, and staking for IP Strategy’s treasury, which consists of 52.5 million $IP tokens valued at more than $230 million, according to
Eric Anziani, President and COO of Crypto.com, highlighted the necessity of secure and scalable infrastructure for institutions embracing digital assets. “As more companies incorporate digital assets into their treasury management, having access to reliable execution and custody becomes essential,” he commented in the
The $IP token, which is built on Story’s blockchain, is supported by $136 million in investments from a16z crypto, Polychain Capital, and Samsung Ventures, as referenced in the
Nonetheless, the alliance comes with operational risks. Ensuring smooth onboarding for custody, maintaining liquidity for substantial trades, and dependable staking are all vital for preserving the liquidity and worth of IP Strategy’s reserves. In the months ahead, market observers will pay close attention to updates regarding custody insurance, staking conditions, and counterparty arrangements.
---
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Latest Updates: JPMorgan and Bitmine Make $1.3B ETH Investment, Showing Institutional Trust Amid Market Fluctuations
- Institutional Ethereum investments surged $1.3B as JPMorgan and Bitmine capitalized on price dips, with Bitmine now holding 3.4M ETH (2.8% of supply). - JPMorgan's $102M Bitmine stake reflects strategic crypto exposure via traditional instruments, aligning with U.S. ETF approvals and regulatory clarity on staking ETPs. - Bitmine's 5% supply target and SharpLink's 6,575 ETH staking highlight growing institutional confidence, despite 27.7% monthly price declines creating buying opportunities. - Regulatory

Bitcoin News Today: Bitcoin Miners Bet on AI: Will Technological Advances Outpace Market Fluctuations?
- Bitcoin miners adopt AI/HPC to offset bear market pressures, leveraging energy infrastructure for GPU workloads. - TeraWulf's $1.85M/MW/year AI hosting benchmark and CleanSpark's Texas campus highlight infrastructure diversification. - Grid constraints and GPU shortages challenge transitions, while Bitcoin ETF outflows ($558M) signal shifting investor sentiment. - Analysts warn of potential $100,000 price correction if $104,000 resistance fails, despite positive on-chain demand signals. - JPMorgan identi

Brazil Sets Sights on Crypto Regulation to Build Confidence and Strengthen Regional Leadership
- Brazil's central bank introduced Latin America's strictest crypto regulations, requiring VASPs to obtain authorization and comply with banking-level oversight by November 2026. - New rules mandate $2M+ capital requirements, classify stablecoin transactions as forex operations, and cap unapproved crypto transfers at $100,000 per transaction. - The framework aims to combat fraud and illicit finance by extending AML protocols to stablecoins, which account for 90% of Brazil's crypto activity, while enhancing

Argentina's LIBRA Controversy Exposes Connections Between Cryptocurrency and Politics Amid Worldwide Asset Freezes
- Argentina's federal court froze assets of LIBRA memecoin suspects, including U.S. founder Hayden Davis, over a $100M-$120M alleged pump-and-dump scheme linked to President Milei's endorsement. - Prosecutors allege Davis used Milei's influence to inflate the token's value, with $90M traced through exchanges like Bitget, including a $507,500 transfer 42 minutes after a presidential selfie. - The case highlights crypto-political ties, with texts suggesting Davis claimed control over Milei's decisions and pa
