Injective Partners With Musicow US, Republic on K-Content Copyright Tokenization

Injective, the layer-1 blockchain behind the INJ token, said May 12 that it has partnered with Musicow US and Republic on a real-world asset tokenization venture tied to K-content copyrights.

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

Each company will take a distinct role. Musicow US, a platform for music revenue-backed securities, will source and structure K-pop and other content copyright assets. Republic, a U.S. Securities and Exchange Commission-registered investment platform, will act as broker-dealer and oversee fundraising 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-market trading and royalty settlement.

Injective said its layer-1 blockchain is built for institutional finance and supports compliance features such as know-your-customer, or KYC, and anti-money laundering, or AML, at the protocol level. 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. Assets traded on the network include equities, foreign exchange, commodities and pre-IPO assets.

Eric Chen, co-founder of Injective, said the company and Musicow US have created a structure the music industry has long awaited, allowing fans and investors to hold a tangible stake in songs they love.

He added that Injective would be the first platform to enable compliance-based music copyrights to be held and transferred on-chain and used in decentralized finance, or DeFi.

Marcus Sanchez, chief executive officer of Musicow US, said fans represent more than simple listenership.

For the first time, fans and investors can share the same economic journey as artists on Injective, he added.

Jung Hyun-kyung, chair of Musicow, said the company plans to actively adopt RWA and tokenization technology, building on its experience in security token offerings, or STOs, to connect K-content copyrights to the Web3 ecosystem.

She added that, with verification already completed for a payment and distribution structure based on a won-denominated stablecoin, the company aims to open a new era in which fans worldwide can directly own and trade the music assets they love.