Story Protocol raises $80 million in Series B funding: A new era of intellectual property blockchain begins
Story Protocol, a pioneer in intellectual property blockchain, announced the completion of a $80 million Series B funding led by a16z crypto, with Polychain participating as a strategic investor. Other investors include Scott Trowbridge, senior vice president of Stability AI, Adrian Cheng, founder of K11, Cozomo de'Medici, a digital art collector, and No Capital. This financing brings Story Protocol's total financing to $140 million, highlighting its breakthrough progress in the fields of blockchain and intellectual property.
Chris Dixon, founder and managing partner of a16z crypto, said: "PIP Labs is building the infrastructure needed for a new economic contract in the AI era, and Story Protocol can ensure that IP creators are fairly compensated in AI systems. We are very happy to lead this round of financing and support its grand vision."
Story Protocol is the world's first intellectual property blockchain, dedicated to tokenizing trillions of intellectual property assets and unlocking the infinite creativity of IP+AI. At present, the number of IPs on its chain has exceeded 20 million, and more than 200 teams are building applications involving IPFi, AI and consumer markets.
This financing not only provides strong financial support for Story Protocol, but also paves the way for the future development of the intellectual property blockchain. Pay attention to Lao Lin, grasp the latest trends in the blockchain, take the lead in laying out future market trends, and ensure the leading and accurate investment decisions!