[Story Protocol developer PIP Labs completes $80 million in financing, led by a16z] Golden Finance reported that PIP Labs, the developer of the layer 1 blockchain Story Protocol, raised $80 million in a Series B round led by a16z crypto. Other investors include Polychain Capital, Scott Trowbridge, senior vice president and board member of Stability AI, Adrian Cheng, founder and billionaire of K11, and digital art collector Cozomo de' Medici. Story aims to tokenize intellectual property and ensure that original content creators are rewarded in the era of artificial intelligence.
