The new standard enables AI systems to use creative work legally and to automatically pay rights holders.

Story co-founder leaves after 3.5 years amid social media speculation, plans to focus on AI ventures in science and space.

Less than two weeks after Grayscale unveiled its Story Trust, the first public IP treasury strategy is emerging, with support from the Story Foundation and top VCs.

The new trust gives accredited investors exposure to $IP, the native token of the intellectual property-focused Story blockchain.

The newly released IP token has tripled over the last week.

Backed by a16z and Polychain Capital, the intellectual property management protocol plans a staking fair launch beginning in March.