Grayscale announces Grayscale Story Trust

Grayscale announced the creation and launch of Grayscale Story Trust. The Trust provides investors with exposure to $IP, the native token of the Story network. Story is a blockchain network that powers programmable intellectual property, making real-world data a licensable, attributable subset of intellectual property for the artificial intelligence era. Designed to support the growing needs of AI, the creator economy, and digital rights management, Story enables ownership that is secure, scalable, and easily integrated across blockchain applications. Specifically, Story is designed to make intellectual property, including music, media, personal likeness, and real-world data like video and speech, traceable, enforceable, and monetizable on-chain. By transforming intellectual property and real-world data into fully programmable on-chain assets, Story is laying the foundational infrastructure for the global intellectual property economy, which has been reported to be worth as much as $80 trillion.