Aria, a platform focused on the on-chainization of storytelling IP assets, has successfully raised $15 million in seed and strategic funding rounds. The investment was co-led by Polychain Capital and Neoclassic Capital, valuing the company at $50 million. Aria is known for its work in tokenizing music IP, with its APL token enabling holders to earn income from music copyrights through staking.
The newly acquired funds will be directed towards expanding Aria's offerings into additional IP categories, including art, film, and television. The platform generates revenue through IP issuance, trading, and management fees, although some issuance fees have been temporarily waived to prioritize ecosystem expansion.
Aria Secures $15 Million Funding at $50 Million Valuation
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