Knowledge Property Blockchain Story completes $80 million Series B financing, led by a16z with participation from Polychain, etc.

Odaily Planet Daily News: The core contributors team of the Intellectual Property Blockchain Story, PIP Labs, announced the completion of an $80 million Series B financing led by a16z crypto, with Polychain as a strategic investor. Other existing investors include Scott Trowbridge, Senior Vice President and Board Member of Stability AI, Adrian Cheng, Founder of K11, digital art collector Cozomo de'Medici, and No Capital. The new round of financing brings PIP Labs' total funding to $140 million. Chris Dixon, Founder and General Partner of a16z crypto, stated, "PIP Labs is building the infrastructure needed for new economic contracts in the AI era. The Story Protocol ensures compensation for creators of $IP in AI systems. S.Y. is a reliable innovator, and we are pleased to support his grand vision through leading the company's third round of financing." The Story Protocol is the world's first intellectual property blockchain, aiming to tokenize trillion-dollar intellectual property assets and unlock the infinite creativity of programmable $IP+AI. Currently, the number of IPs on the Story Protocol chain has exceeded 20 million, with over 200 teams building applications such as IPFi, AI, and consumer markets.