The startup formerly known as Story Protocol raised $140 million to secure internet rights and is now building an audit layer for data consent, licensing, and provenance for tech firms.

The foundation also announced that Story's native IP token will migrate to the new DATA token on a one-to-one basis.

Story Protocol rebrands as DATA Foundation, launching Trace, an onchain AI training data registry with 1.5B records via Kled and a 1:1 IP token migration.