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Story ecosystem IPRWA protocol Aria Foundation established, promoting iconic IP on-chain economy
According to Deep Tide TechFlow news, on October 13, Aria announced the establishment of the Aria Foundation, which will be responsible for governing its decentralized protocol and promoting the on-chain process of iconic IPs. The Aria Protocol, as the tokenization infrastructure for IP rights, has supported the on-chain royalties of artists such as Justin Bieber, BLACKPINK, and BTS, and has issued the IP physical asset token $APL. The project completed a $15 million strategic and seed round financing in September this year, with investors including Polychain Capital, Neoclassic, and Story Foundation. The Aria Foundation will be responsible for ecosystem resource management, IP asset issuance, and protocol governance, while its Aria Protocol Labs will continue to provide technical and ecological support.