prioritizing ecosystem growth over immediate monetization, waiving origination fees in early launches to showcase the model.

Kostiner compared Aria to web2 platforms like Masterworks, which fractionalize art ownership, but said Aria is more ambitious.

"Where others tokenize individual assets behind closed doors, Aria is building a composable, onchain IP economy from the ground up." he added. "Rather than issuing static representations of value, we’re creating dynamic, programmable tokens tied to real-world revenue streams which we’ve already proven with the IP we’ve brought onchain."

Aria currently employs 10 people and plans to remain lean, Kostiner said, adding that the raised funding will be used to expand into more IP categories beyond music to art and film/TV and growing the ecosystem.#MarketRebound