Shinhan Investment Corp. and MusicCow Invest signed a strategic memorandum of understanding (MOU) on the 8th for music intellectual property (IP) acquisition and fractional investment product issuance. The agreement aims to proactively prepare for expanded issuance market supply and enhanced distribution ahead of Security Token Offering (STO) institutionalization and the launch of a fractional investment over-the-counter (OTC) exchange. The collaboration positions both firms to capitalize on regulatory developments in South Korea's emerging digital asset and fractional ownership markets.
Shinhan Investment Structures 40 Billion Won Music IP Fund
Under the MOU, both companies will jointly pursue large-scale music IP acquisition projects. Shinhan Investment Corp. will form Music IP Fund No. 1 with an approximate scale of 40 billion won, serving as the project fund general partner (GP). MusicCow will leverage its proprietary music valuation capabilities and premium IP sourcing expertise to select acquisition target assets. The acquired music IP will subsequently be issued as fractional investment products through MusicCow Invest and distributed on the fractional investment OTC exchange.
MusicCow to Issue Fractional Products Before Q4 Exchange Launch
Both companies aim to complete music IP purchases during the second half of this year and finalize product issuance before the exchange opening in Q4. MusicCow has pioneered the music copyright fractional investment model in South Korea, bringing strengths in music valuation, product structuring, and investor-friendly issuance experience. Following IP acquisition, the firms plan to establish a reinvestment structure through early distribution and recovery, while gradually expanding collaboration models with music production companies, platforms, and copyright holders.
Firms Plan 100 Billion Won Continuation Fund Following Initial Project
Based on the performance of Fund No. 1, both parties plan to expand fractional product investment targets and establish a long-term roadmap for a continuation fund exceeding 100 billion won in scale. A Shinhan Investment Corp. representative stated that the quality and scale of issued assets will determine market success ahead of the STO OTC exchange launch, noting that the combination of a securities firm's investment banking capabilities with a content-specialized platform could become a symbolic case in the fractional investment ecosystem. Shinhan Investment Corp. previously signed an MOU with the NextTrade (NXT) consortium for cooperation in fractional investment issuance and distribution business, taking a leading role in STO distribution platform infrastructure.
FAQ
What did Shinhan Investment Corp. and MusicCow Invest announce on the 8th?
Shinhan Investment Corp. and MusicCow Invest signed a strategic MOU on the 8th for music IP acquisition and fractional investment product issuance, with Shinhan forming a 40 billion won Music IP Fund No. 1 as GP and MusicCow handling IP sourcing and valuation.
When will the music IP fractional investment products be issued?
Both companies aim to complete music IP purchases during the second half of this year and finalize product issuance before the Q4 opening of the fractional investment OTC exchange.