Lawrence Jengar
Jun 24, 2025 07:44
OKX Ventures and Story have unveiled a $10 million fund geared toward supporting startups innovating on the intersection of mental property and AI, fostering a brand new period of digital creativity.
In a groundbreaking transfer, OKX Ventures and Story have introduced the launch of a $10 million fund to assist early-stage startups targeted on the combination of mental property (IP) and synthetic intelligence (AI). This initiative goals to revolutionize how IP is created, owned, and monetized within the digital age, in line with OKX Ventures.
Rethinking Mental Property
The standard IP system faces challenges as AI fashions more and more make the most of information starting from fan fiction to music albums, typically with out correct credit score. This has left IP holders weak whereas their work drives programs past their management. Story presents an answer by remodeling IP right into a programmable, on-chain asset class, enabling safety, licensing, and monetization in a decentralized method.
Fund Focus and Technique
The fund, valued at $10 million priced in $IP as of Might 2025, will consider startups addressing real-world challenges on the nexus of IP and AI. It goals to again initiatives that prioritize IP as a basic design factor reasonably than an afterthought. Areas of curiosity embody the financialization of IP belongings, new monetization fashions, and infrastructures for decentralized AI programs.
As an alternative of a conventional accelerator mannequin, the fund might be co-managed by Story and OKX Ventures, making certain a selective method to funding. The main focus is on figuring out startups that align with the imaginative and prescient of an IP-native web.
Alternatives for Startups
Startups chosen for funding will profit from capital, advertising and marketing and distribution assist, entry to the OKX crew, and technical steerage from Story. This complete assist construction is designed to foster innovation and facilitate the event of scalable, IP-centric options.
Jeff Ren, Founder at OKX Ventures, emphasised the fund’s mission to assist the appropriate initiatives, stating, “Story is creating the foundational infrastructure for an IP-native web, and we’re excited to assist builders who share that long-term imaginative and prescient.”
Andrea Muttoni, President of the Story Basis, highlighted the significance of incentivizing originality within the age of AI-generated content material. He remarked, “This fund helps us discover and assist the uncommon founders pushing these concepts ahead — not simply conceptually, however in observe.”
About Story and OKX Ventures
Story is a blockchain designed to make IP programmable, turning it into digital belongings with embedded rights. This enables creators and firms to seamlessly handle IP throughout the web, bridging the hole between outdated authorized frameworks and fashionable digital creativity.
OKX Ventures, the funding arm of the worldwide crypto change OKX, focuses on supporting blockchain know-how innovation and selling the wholesome improvement of the blockchain business. The agency is dedicated to investing in initiatives that contribute to the blockchain ecosystem’s progress.
Picture supply: Shutterstock
