Lawrence Jengar
Jun 24, 2025 07:44
OKX Ventures and Story have unveiled a $10 million fund aimed 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 help 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 accordance with OKX Ventures.
Rethinking Mental Property
The standard IP system faces challenges as AI fashions more and more make the most of knowledge starting from fan fiction to music albums, usually with out correct credit score. This has left IP holders weak whereas their work drives programs past their management. Story provides 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 Could 2025, will consider startups addressing real-world challenges on the nexus of IP and AI. It goals to again tasks that prioritize IP as a elementary design component somewhat than an afterthought. Areas of curiosity embrace the financialization of IP property, new monetization fashions, and infrastructures for decentralized AI programs.
As a substitute of a conventional accelerator mannequin, the fund can be co-managed by Story and OKX Ventures, guaranteeing a selective method to funding. The main target 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 distribution help, entry to the OKX staff, and technical steering from Story. This complete help 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 help the best tasks, stating, “Story is creating the foundational infrastructure for an IP-native web, and we’re excited to help 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 help the uncommon founders pushing these concepts ahead — not simply conceptually, however in follow.”
About Story and OKX Ventures
Story is a blockchain designed to make IP programmable, turning it into digital property with embedded rights. This enables creators and firms to seamlessly handle IP throughout the web, bridging the hole between outdated authorized frameworks and trendy digital creativity.
OKX Ventures, the funding arm of the worldwide crypto alternate OKX, focuses on supporting blockchain expertise innovation and selling the wholesome improvement of the blockchain business. The agency is dedicated to investing in tasks that contribute to the blockchain ecosystem’s development.
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