A Critical Move from the Largest Crypto Asset Manager, Grayscale: It Opened Another Unexpected Altcoin to Investors!

Grayscale, the world’s largest digital asset-focused investment platform, has announced a fund for a surprising new altcoin.

Accordingly, Grayscale announced the establishment and launch of the Story Trust, which provides access to the altcoin called Story (IP).

Grayscale today launched the Grayscale Story Trust, a Story-based institutional investment product.

This Trust gives investors access to IP, the native token of the Story network.

It was also stated that the IP Trust is open to eligible individual and corporate accredited investors.

Rayhaneh Sharif-Askary, Head of Product and Research at Grayscale, said:

“The Grayscale Story Trust offers investors a protocol that shapes the foundational intellectual property layer for the information and artificial intelligence age.

This includes not only creative content but also real-world data that feeds one of today’s most advanced intelligent systems.”

“Now that IP is accessible through a Grayscale Trust, investors can gain access to the infrastructure layer that enables programmable licensing and attribution across AI and creative applications,” said SY Lee, CEO and Co-Founder of PIP Labs, one of Story’s first core contributors.

Although the Story (IP) price failed to react to the news, the price showed a strong uptrend, increasing by approximately 110% in the last month.

Introducing the Grayscale Story Trust $IP 📚 @StoryProtocol is laying the foundational infrastructure for the global intellectual property economy, which has been reported to be worth as much as $80T¹.

🤖 AI-Ready Data: With projects like @psdnai, Story brings licensing to… pic.twitter.com/T59Mn6fiVV

— Grayscale (@Grayscale) July 31, 2025

*This is not investment advice.

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