According to The Block, Aria completed seed and strategic rounds totaling $15 million at a $50 million valuation, led by Polychain Capital and Neoclassic Capital. The first APL token is live, and holders can stake to earn music copyright revenues. The company plans to expand IP tokenization beyond music into art and film, with revenues from IP issuance, trading, and management fees; some issuance fees are currently waived to support ecosystem growth.