On July 31, 2025, Grayscale Investments introduced the Story Protocol Trust, granting accredited investors access to the $IP token. This initiative attracted the attention of institutional investors and significantly contributed to the token's price growth.
Launch of Story Protocol Trust
Grayscale Investments launched the Story Protocol Trust, offering regulated access to the $IP token for accredited investors. This move captured the attention of institutional players in the market and activated trading activity. The trust's launch echoes Grayscale's previous initiatives focused on single-asset funds like Bitcoin and Ethereum, but now shifts the focus to $IP and the integration of data management with AI systems.
Market Reactions
The launch of the Story Protocol Trust resulted in a 7-10% price increase for $IP. Immediately after the announcement, trading volume surpassed $100 million within 24 hours, marking the week's highest figure. In response to this, there was an increase in open interest in $IP futures, along with discussions regarding liquidity and discount risks. Despite the lack of official comments from regulators and industry leaders, this move creates positive market expectations.
Prospects and Expert Opinions
Market experts highlight bullish signals, as technical indicators suggest further advancement for $IP. The Story Protocol Trust aligns with ongoing trends in tokenizing digital rights and AI data on the blockchain. 'Michael Sonnenshein, the CEO of Grayscale, emphasized the protocol’s timeliness, positioning it to redefine copyright management through smart contracts... targeting ‘in the age of generative AI,” he stated.
The launch of the Story Protocol Trust by Grayscale illustrates the growing interest in integrating intellectual property management with blockchain and AI. With increased institutional investments and market activity, this project could have a significant impact on the future of digital rights management.