Grayscale Introduces Regulated Story Trust Focusing on $IP Token
- Grayscale launches Story Trust enhancing blockchain IP management.
- $IP token surged 7% on announcement.
- Institutional entry into programmable IP currency market.
Grayscale Investments has launched the Grayscale Story Trust, offering accredited investors exposure to the $IP token, a key asset within the blockchain-based Story Protocol ecosystem, as of July 31, 2025.
This launch reflects a strategic shift towards blockchain-enabled IP management, with a 7% rise in the $IP token’s value, indicating growing institutional interest and market potential.
Grayscale has officially launched the Grayscale Story Trust, a regulated vehicle giving accredited and institutional investors exposure to the $IP token. Part of the Story Protocol, programmatic IP focuses on blockchain-based digital rights management.
The launch, led by Grayscale Investments under CEO Michael Sonnenshein, represents a move into digital IP management. Grayscale’s reputation is built on regulated trusts like the Grayscale Bitcoin Trust, opening crypto to institutional capital.
The $IP token saw a 7% price increase, trading at $6.16 with a $1.83B market cap following the announcement.
This reflects strong institutional interest in digital rights management via blockchain technology.
The Story Trust is a themed investment opening to institutional investors under SEC Rule 501(a). This compliant channel leverages potentially sizable institutional inflows, marking a notable shift in digital asset investment strategies. Grayscale’s history in launching thematic trusts has consistently spurred broader adoption in regulated environments. The trend aligns with historical precedents seen in similar Grayscale launches.
Experts suggest that AI-driven IP tokenization is emerging as a significant use for blockchain, with institutional participation validating this sector. Broader implications may impact other creative economy tokens.
Michael Sonnenshein, CEO, Grayscale Investments, stated, “The launch of Story Trust is timely, positioning Grayscale and its investors to help redefine copyright management for the era of generative AI through on-chain programmable IP.”
