Pip Labs Raises $80M at $2.25B Valuation to Protect IP Through Blockchain

Pip Labs has raised $80 million in a Series B funding round led by venture capital firm A16z, reaching a valuation of $2.25 billion. The round aims to expand the development of Story, a blockchain that aims to tokenize and protect what Pip Labs calls the “multi-trillion dollar” class of intellectual property (IP) assets, providing frictionless systems for (…)