Musicow is partnering with Injective to move music IP rights onchain, using Injective’s native RWA stack as the settlement layer for fractional catalog exposure. Musicow has already processed about $293M in transaction volume across roughly 20,000 music IP rights and 1.2M cumulative users in Korea. The pitch is clear: music royalties join treasuries, equities, and private credit as an onchain asset class, but the real test is catalog quality, legal structure, and whether global fans actually buy the offerings.

TLDR by @Benthic