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Breaking news just dropped: Crypto.com locked in a major strategic deal with IP Strategy, a company trading on Nasdaq under ticker IPST.
Here's what's on the table — Crypto.com will handle custody, trade execution, OTC deals, and staking operations for IP Strategy's treasury reserves. We're talking about 52.5 million $IP tokens here, with an estimated value hovering around $230 million.
This partnership signals institutional players are doubling down on crypto infrastructure. Services like custody and OTC trading? That's exactly what treasury operations need at scale.