TechFlow news, September 4 — According to The Block, Aria, a story-based intellectual property tokenization platform, has completed its seed and strategic funding rounds, raising a total of $15 million at a $50 million valuation. The seed round was co-led by Polychain Capital and Neoclassic Capital, with additional support from the Story Protocol Foundation and other unnamed investors in the fields of cryptocurrency, intellectual property, and entertainment.
Aria is built on Story, a Layer 1 blockchain designed for IP tokenization. Currently, Aria primarily focuses on tokenizing music IP—converting music royalties into tradable tokens—with the goal of making this illiquid asset class more accessible to users.
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