Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain

DIGIT — Fri, 23 Aug 2024 05:30:03 +0000

Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation of $2.25 billion. The round aims to extend the development of Story, a blockchain aiming to tokenize and protect what Pip Labs calls the “multi-trillion-dollar” asset class of intellectual property (IP), offering frictionless systems for […]

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PIP Labs secures $80M for Story Protocol, valuation hits $2.25B

DIGIT — Wed, 21 Aug 2024 16:44:22 +0000

Story Protocol’s Series B was co-led by a16z Crypto and Polychain Capital. The funds were targeted at developing its layer-1 blockchain, designed for intellectual property tokenization.

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PIP Labs – DIGIT INFO

Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain

PIP Labs secures $80M for Story Protocol, valuation hits $2.25B