San Francisco, CA — November 19, 2025 — purrLabs, Inc., the pioneering intellectual property company redefining how the world views intellectual property, today announced a strategic partnership with District.xyz, the leading Internet Capital Markets (ICM) launchpad backed by a16z, Alliance and Initialized Capital, and built on Base, Coinbase’s L2 blockchain network. Together, the two companies will introduce, educate and create a new category of capital markets: IP Capital Markets (IPCM) — a concept driven by purrLabs as a transformative subset of the growing ICM ecosystem.
District.xyz is the next-generation platform for builders to take their projects from idea to launch to growth. Whether it’s ICM projects, DAOs, memes, or AI agents, District provides the infrastructure, funding, and tools to help founders ship and scale. With the support of major players in Silicon Valley and around the world, District has quickly become the busiest and most trusted launchpad for the new creator economy on Base.
“District exists to help the next generation of builders bring bold new ideas to market, and purrLabs is innovating in one of Web3’s most compelling categories,” said Michael Ma, CEO of District.xyz. “The IP capital markets provide a huge opportunity around tokenized IP – from characters to stories to entire worlds. Partnering with purrLabs allows us to accelerate this future and help creators launch IP at the speed of the internet.”
purrLabs is reshaping the way intellectual property is created, owned, distributed and experienced. Originally emerging as Coinbase’s first and only official IP licensee, purrLabs has become the leading architect of IP capital markets, creating new models of tokenization and participation, transforming fan-favorite properties into accessible and integrated physical and digital experiences.
But PurrLabs’ vision goes further: merging physical products, digital content, and symbolic rewards into a unified engine for world building and brand equity. Through smart toys, smart collectibles, other product verticals, interactive content, and community-based digital experiences, purrLabs enables intellectual property to grow not only through financial mechanisms, but also through cultural creation. Fans encounter IP in real life, online and on-chain, creating a feedback loop that builds brand awareness, loyalty and long-term value.
At the center of the PurrLabs ecosystem is Mr. Miggles — the creator’s cat, cultural mascot, and icon who demonstrates how intellectual property can evolve from character to community to capital market. Through purrLabs, Mr. Miggles and other emerging IP become fun, enriching and meaningful parts of everyday digital life. As part of the IP licensing agreement with Coinbase, purrLabs has launched a Miggles Creator Fund, which will leverage the flywheel mechanics rooted in the ICM model to empower on-chain creators.
“Whether you’re a global brand, independent creator, or emerging character, our comprehensive suite of products gives you instant access to activation, distribution, and tokenization infrastructure,” said Kousuke Tominaga, President and CEO of purrLabs, Inc. “Most IP licensing takes years to get going — we help creators do it before their coffee goes cold. District is the ideal partner to bring this capability to the masses, transforming bold ideas into fully on-chain ecosystems at the speed of the internet. We don’t just imagine IP capital markets: we build the rails that make them usable, valuable and inevitable.
The partnership will bring together joint educational programs, launchpad support for early-stage IP, access to turnkey services, product lines, brand building, technical collaboration and community initiatives that help grow IP capital markets across the grassroots and broader ICM ecosystem. With this partnership, purrLabs also partners with The Agency, an exclusive decentralized creative development and venture company for District, designed to help creators, communities, and projects truly ship and scale on-chain.
By combining culture development with strong financial, network, utility, and blockchain infrastructure, purrLabs and District aim to future-proof emerging brands and give creators the tools to expand their intellectual property in ways that were not possible before. This partnership marks a turning point for IPs, brands and creators: a future in which adapting to new audiences and unlocking sustainable creator-owned financial buffers is not an option: it’s the new normal.
About PurrLabs, Inc.
purrLabs.io is a pioneering intellectual property company reshaping the way the world thinks about intellectual property. As the first official licensee of Coinbase and the company behind the Capital Markets IP, purrLabs is building the infrastructure necessary to tokenize and enable the fan-favorite IP. From its flagship character Mr. Miggles to emerging digital worlds, purrLabs brings to life fun, enriching and meaningful IP experiences.
About District.xyz
District.xyz is the leading Internet Capital Markets (ICM) launchpad on Base, backed by a16z, Alliance and Initialized Capital, designed to help builders take their projects from idea to launch to growth. From ICM to DAOs, memes and AI agents, District provides the tools, funding and infrastructure for builders to create and scale the next generation of internet-native economies.
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