Core Insights - Grayscale has launched the Grayscale Story Trust, providing investors exposure to the $IP token of the Story network, which focuses on programmable intellectual property [1][5]. Company Overview - Grayscale is the world's largest digital asset-focused investment platform, enabling investors to access the digital economy through various investment products [13]. Industry Context - The Story network is designed to transform intellectual property into programmable on-chain assets, addressing the needs of the AI era and the creator economy [2][3]. - The global intellectual property economy is estimated to be worth as much as $80 trillion, highlighting the significant market potential for platforms like Story [2][12]. Adoption and Usage - Story has seen rapid adoption with over 1.7 million intellectual property transactions and more than 200,000 monthly users, indicating strong demand for its infrastructure [4]. - The platform supports various real-world applications, including partnerships with major artists and AI systems, showcasing its transformative potential [4]. Product Details - The Grayscale Story Trust is open for daily subscription by accredited investors and is solely invested in the $IP token, similar to Grayscale's other single-asset investment trusts [6].