TechFlow, November 13 — According to Crowdfundinsider, Crypto.com has announced a partnership with IP Strategy (NASDAQ: IPST), a Nasdaq-listed company. IP Strategy becomes the first company to adopt the $IP token as its primary reserve asset.
As part of the collaboration, Crypto.com will provide execution, custody, OTC, and staking services for IP Strategy’s new reserve asset, which includes 52.5 million $IP tokens valued at over $230 million.
Eric Anziani, President and COO of Crypto.com, said that as companies incorporate digital assets into long-term financial strategies, access to secure and scalable infrastructure is critical. SY Lee, Co-Founder and CEO of Story, stated that intellectual property represents an $80 trillion opportunity, marking the beginning of a new era in unlocking investable asset classes with real-world utility.
