Aria launches $100 million Korean music IP tokenization project through Story Protocol
Jinse Finance reported that Aria has launched Aria PRIME through Story Protocol, tokenizing a Korean music copyright catalog valued at 100 millions USD and introducing cultural intellectual property into the institutional investment market. Aria announced this news on September 22 and launched its high-value intellectual property management and investment platform for institutions, Aria PRIME. The launch, in collaboration with Story Protocol and Contents Technologies, will allow investors to access music copyrights in tokenized form, with these copyrights accounting for more than half of Korea's global music distribution market.
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Saudi Arabia's oil production in October surged by 26%, reaching the highest level since the onset of the conflict, while Brent crude has dropped over 20% this month
OPEC's monthly report shows that Saudi Arabia's average daily crude oil production in October rose to 10.56 million barrels, just several hundred thousand barrels lower than the pre-war level in February and slightly above its quoted limit under the OPEC framework. Iraq's daily output in October also reached approximately 4.9 million barrels, a new high since the outbreak of war. Meanwhile, after the UAE exited OPEC and began competing in the market independently, both the UAE and Saudi Arabia recently slashed their official December cargo prices for Asian buyers, intensifying the competitive landscape.
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