IP Strategy Holdings, Inc. (Nasdaq: IPST) highlighted Story Foundation's transition to The DATA Foundation and the launch of DATA Network, along with two related products, Trace and an integration with Kled, according to a press release.

As part of the launch, DATA announced that Kled, described by DATA as an opt-in human data marketplace, has begun registering 1.5 billion user-contributed records on DATA Network. Once fully registered, Kled's licensing rails, contributor receipts, and stablecoin payouts will operate on DATA Network.

DATA also introduced Trace, a public audit and search platform designed to generate immutable, confidential receipts for data contributions. The platform is intended to allow AI labs and enterprises to verify data provenance, consent, licensing, and chain of custody, while enabling compensation for contributors.

Poseidon, an AI data processing project backed by venture firm a16z and incubated by DATA, has launched a contributor app called Numo. Poseidon focuses on cleaning, normalizing, and scoring raw human data to produce model-ready datasets.

DATA also announced that the $IP token will be relisted as $DATA on a one-to-one basis, with no action required from existing token holders.

"The announcement of 1.5 billion new registered records being loaded onchain via the $DATA token is monumental, and demonstrates continued demand for collecting data and proving its provenance for creators, owners and users," said Justin Stiefel, CEO of IP Strategy.

IP Strategy holds $DATA tokens as a primary reserve asset and operates validator infrastructure for DATA Network. The company stated it expects to continue highlighting ecosystem developments related to programmable intellectual property and AI-native data infrastructure.