Grayscale Launches Story Protocol Trust Targeting $80T IP Market
Grayscale has introduced a new investment vehicle, the Grayscale Story Trust, offering accredited investors exposure to Story Protocol's IP token. The blockchain-based system aims to revolutionize intellectual property management by embedding licensing terms and royalty rules directly into smart contracts.
Story Protocol's technology transforms IP into programmable digital assets, enabling automated rights enforcement without intermediaries. The IP token has surged over 100% in the past month to $5.94, reflecting growing market interest in blockchain-based IP solutions.
With 1.7 million transactions and 200,000 monthly users, the protocol is gaining traction across creative and AI sectors. Applications range from content attribution in media to compliant AI training data sourcing, demonstrating the versatility of blockchain in intellectual property management.