Grayscale has taken an unexpected leap into a rising niche of crypto, launching a new investment vehicle focused on the Story (IP) token.
The new offering, dubbed the Grayscale Story Trust, is now available to accredited individual and institutional investors, giving direct exposure to the native asset of the Story network.
According to Grayscale, the Story protocol underpins a decentralized intellectual property layer built for the AI and digital content era—enabling programmable licensing, attribution, and monetization of both creative and data-driven works. The move signals a growing interest in infrastructure projects that connect blockchain with artificial intelligence.
Rayhaneh Sharif-Askary, Head of Product and Research at Grayscale, described Story as “a foundational layer for digital IP in the age of information and AI.” PIP Labs co-founder SY Lee added that this infrastructure unlocks real-world utility across AI models and creative platforms.
Although the announcement didn’t immediately impact IP’s market price, the token has already gained over 100% in the past month—suggesting growing momentum ahead of Grayscale’s entry.
Source: https://coindoo.com/grayscale-bets-big-on-surprising-altcoin-powering-ai-and-digital-ip/