Less than two weeks after Grayscale unveiled its Story Trust, the first public IP treasury strategy is emerging, with support from the Story Foundation and top VCs.

Snail Inc. is selling its shares to fund its “digital asset initiative,” including a possible stablecoin.

The executive order could unlock trillions for crypto, but administrative hurdles could prevent investors from seeing immediate changes.

The news broke via an SEC filing earlier today, published alongside Galaxy’s Q2 earnings report.

Slash is launching a dollar account powered by a non-transferable stablecoin that offers global businesses faster payments, built-in off-ramps, and yield on balances.

Strategy’s Michael Saylor pushed back against calls from analysts to reveal wallet addresses, warning that publicizing Bitcoin moves could roil the market.

Visa is expanding its settlement network to cover more stablecoins and networks, though usage by merchants still appears to be limited.

The new trust gives accredited investors exposure to $IP, the native token of the intellectual property-focused Story blockchain.

The company plans to utilize its TAO treasury to earn yield and build infrastructure for Bittensor.

The public finance company is teaming up with top crypto players to hold SUI as its main reserve asset.