On July 31, 2025, Grayscale introduced the Story Protocol Trust, focusing on the $IP token. This allows eligible investors to engage with on-chain programmable IP assets, reflecting a growing interest in digital rights management.
Michael Sonnenshein, CEO of Grayscale, highlighted the importance of Story Protocol amid generative AI advancements. While market reactions are subdued, the trust’s launch could prompt institutional curiosity towards AI-related intellectual property.
As of July 31, Story (IP) is trading at 6.22 USD, with a market capitalization of 1.83 billion USD and a 24-hour trading volume of 81.13 million USD, noting significant changes of 28.03% recently.
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