Story Protocol ($IP) kicks off $82M three-month buyback after financing deal

Institutional developments dominate the cryptocurrency market amidst wild macro-fueled ￰0￱ August 11, Nasdaq firm Heritage Distilling announced plans to launch a $220 million PIPE financing for a Story ($IP) treasury ￰1￱ investors, including a16z, Amber Group, and Hashed, participated in the financing, which comprised $120 million in $IP coins and cash worth $100 ￰2￱ initiative included allocating $82 million to accumulate $IP tokens, and the Story team has confirmed it will buy back the native token in the next three ￰3￱ asset repurchase program started officially after the duo closed the deal on August 15, running until November ￰4￱ Story team declared: As promised, the Story Foundation will carry out the $82M buyback program on the open market, running through November 16, ￰5￱ 90-day window began on August 15, 2025, following the official deal ￰6￱ @StoryProtocol · Follow 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, ￰7￱ 90-day window began on 3:30 am · 25 Aug 2025 31 Reply Copy link Read 11 replies Story’s $82M buyback program The massive repurchase initiative is a crucial move in Story’s treasury ￰8￱ project will use the funds to improve its ecosystem. Notably, Story Protocol will commit the $82 million to buy $IP coins at $3.40 per token on the open ￰9￱ move signals Story’s confidence in the native token’s long-term potential. Further, this can mean additional opportunities for the $IP community. Firstly, the buyback program will ensure constant liquidity for Story investors.

That’s crucial to reinforce stability during the protocol’s maturity. Also, the initiative demonstrates institutional-grade dedication to programmable intellectual property as a legitimate asset ￰10￱ $IP holders, the buyback serves as both a signal of trust in Story’s future ecosystem performance and a stabilising ￰11￱ an $80T market Intellectual property is among the most valuable sectors, worth approximately $80 trillion, according to Story Protocol. However, it remains challenging to value or trade. That’s where programmable IP (intellectual property) comes ￰12￱ introduces blockchain-based solutions that allow tokenisation of royalties, ownership, and ￰13￱ IP promises businesses, investors, and creators fair benefits from intellectual property, especially as artificial intelligence continues to transform ￰14￱ to the Story Foundation: IP is an $80T asset class and the lynchpin to AI’s ￰15￱ new treasury unlocks market access to a new kind of digital asset that is grounded in real-world economic fundamentals: licensing, royalties, ownership, and data provenance in the age of AI. $IP price outlook The native token reflected broad market performance. $IP has dropped more than 3% in the past day to $5.71.

Chart by CoinMarketCap The altcoin’s structure displayed significant bearishness, hinting at further short-term dips before possible ￰16￱ indicators support Story Protocol’s downside trend. Thus, broader sentiments will shape $IP’s short-term price trajectory, with institutional interest positioning the token for impressive performance in the coming weeks and months.