Intellectual Property ( IP ) tokens have recently attracted significant attention in the market. Nasdaq-listed company Heritage Distilling made an unprecedented decision to incorporate IP tokens into its core treasury assets. This move has caused quite a stir in the financial community and has led to a notable price surge for IP tokens, reaching a historical high of $11.75, an increase of 25%.

This is the first time a publicly listed company has used intellectual property tokens as treasury assets, and its importance is self-evident. Heritage Distilling has not only made bold strategic attempts but also secured $220 million in financing support from renowned investment institutions a16z and Polychain, demonstrating institutional investors' confidence in this field. The company plans to use these funds to further increase its holdings of IP tokens and launch an innovative treasury management platform to display its IP holdings in real-time. Additionally, Heritage has repurchased tokens worth $82 million, further solidifying its position in the IP token market.

The market responded enthusiastically to this series of measures, with the trading volume of IP tokens surging by 650%, reaching an astonishing figure of $650 million. Institutional funds have also started to flow in continuously through channels such as Grayscale. The stock price of Heritage has benefited from this, rising nearly 20%.

Currently, the IP token price is fluctuating around $10, with $9.34 seen as an important support level. Analysts believe that due to the unique market narrative and scarcity of the IP token, even a pullback in the $9.8-$10.5 range could become a new buying opportunity. If it breaks through the historical high of $11.75, the price may further rise to around $15.

However, investors also need to be aware of potential risks. In the short term, the price of IP tokens has risen significantly, and the Relative Strength Index (RSI) is close to 70, which may require some time to digest. Nevertheless, in the long run, the strategy of continuous purchases by listed companies may provide strong price support for IP tokens.

This event not only marks an important milestone in the tokenization of intellectual property but also reflects the increasingly close connection between traditional finance and emerging digital assets. As more institutional investors and publicly listed companies pay attention to this field, the future development of the IP token market is worth looking forward to.