Overview
- The project announced the rebrand on June 25, 2026 and named Andrea Muttoni chief executive while Seung-yoon Lee moves to an advisory role and Avi Patel joins as chief data officer.
- The DATA Foundation unveiled Trace, an onchain registry intended to create immutable receipts that record who owns data, who licensed it, consent terms, usage rights, and payment history.
- The team says the existing $IP token will migrate automatically to a new $DATA token at a one-to-one ratio, requiring no action from current holders.
- Kled is presented as the foundation’s anchor marketplace with the project claiming between 1.1 billion and 1.5 billion user-consented records in reporting, and Poseidon will act as the validation layer after its $15 million funding round.
- These announcements describe planned infrastructure and integrations but do not show independent verification of Kled’s inventory, live large-scale licensing on Trace, or operational payouts to contributors yet, which will determine whether the system reduces legal risk for AI builders.