Loading IndicatorLoading Indicator

Injective, Musicow US, Republic Partner to Tokenize K-Content Copyrights

Summary

  • Layer-1 blockchain Injective (INJ) said it has partnered with Musicow US and Republic on a K-content copyright RWA tokenization business.
  • The partnership will convert K-content copyrights into on-chain financial products and expand global investor access.
  • Injective said it will provide infrastructure for RWA token issuance and secondary trading, backed by about $6.5 billion in cumulative RWA trading volume and more than $77 billion in total on-chain volume.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator
Photo: Injective
Photo: Injective

Layer-1 blockchain Injective said on May 12 that it formed a partnership with Musicow US and Republic for a real-world asset tokenization business tied to K-content copyrights.

The collaboration is designed to convert K-content copyrights into on-chain financial products and expand access for global investors.

Each company has a defined role. Musicow US, a music revenue securities platform, will identify and structure K-pop and other content copyright assets. Republic, a US Securities and Exchange Commission-registered investment platform, will serve as broker-dealer and manage capital raising and global investor access under frameworks including Reg CF, Reg D and Reg A+. Injective will provide the blockchain infrastructure for the entire process, from RWA token issuance and on-chain distribution to secondary trading and royalty settlement.

Injective, the project's core infrastructure provider, is a layer-1 blockchain focused on institutional finance. Its protocol supports compliance requirements such as know-your-customer and anti-money-laundering checks at the protocol level. To date, it has recorded about $6.5 billion in cumulative RWA trading volume, more than $77 billion in total on-chain volume and more than 2 billion transactions. Equities, foreign exchange, commodities and pre-IPO assets are traded on the network.

Co-founder Eric Chen said Injective and Musicow US had built what the music industry had long been waiting for: a structure that gives fans and investors a meaningful stake in the songs they love. He added that a compliance-based framework in which music copyrights can be held and transferred on-chain and used in decentralized finance is being realized for the first time on Injective.

Musicow US Chief Executive Officer Marcus Sanchez said fans are more than just listeners. On Injective, he said, fans and investors can for the first time share the same economic journey as artists.

Musicow Chair Jeong Hyeon-gyeong said the company plans to actively adopt RWA and tokenization technology, building on its experience in security token offerings, to connect K-content copyrights with the Web3 ecosystem. With early verification of a won-based stablecoin payment and distribution structure already completed, she said, the company aims to usher in a new era in which fans around the world can directly own and trade the music assets they love.

shlee@bloomingbit.ioHello, I'm a reporter at bloomingbit
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles












PiCK News