Aria completed a $15 million financing, with a valuation of $50 million

according to The Block, story-based IP asset on-chain platform Aria has completed a seed and strategic round of financing co-led by Polychain Capital and Neoclassic Capital, raising a total of $15 million with a valuation of $50 million.

Aria focuses on the tokenization of music IP, with its first APL token now live, allowing holders to earn music copyright revenue through staking. The new funds will be used to expand into more IP categories such as art and film. The platform's revenue comes from IP issuance, trading, and management fees, currently prioritizing ecosystem expansion and temporarily waiving some issuance fees.