Korean startup Aria is bringing $100 million in music catalogs onchain through Story Protocol, aiming to transform cultural intellectual property into tokenized financial assets. The launch introduces Aria PRIME, an institutional-grade platform for investing in entertainment rights, developed in collaboration with Contents Technologies and Story Protocol.
By using Story’s blockchain, IP rights can be fractionalized, traded, and embedded in smart contracts for royalty distribution, licensing, and remix permissions. This design enhances transparency, liquidity, and accessibility for rights holders and investors alike.
Music represents Aria PRIME’s first move, covering catalogs that account for more than half of South Korea’s global distribution. However, the platform plans to expand into cinema, art, and other creative industries.
Earlier in September, Aria secured $15 million in funding at a $50 million valuation with backing from Polychain Capital and Neo Classic Capital. The company sees tokenized IP as both a financial utility and a foundation for new creative business models.
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