The Korean firm behind BTOB and Lee Chae Yeon plans to supply eligible customers tokenized publicity to income from concert events, streaming and music rights.
Sony-backed Soneium companions with DayOneDream to tokenize Okay-pop income
Posted September 28, 2026 at 10:30 pm ET.
Soneium, the Ethereum layer 2 blockchain developed by Sony Group and Startale Group, has partnered with South Korean leisure firm DayOneDream to put Okay-pop mental property, and the income tied to it, onchain as tokenized belongings.
DayOneDream manages artists together with BTOB, Lee Chae Yeon, MeMi and 2F, and runs concert events and music publishing. The partnership pairs its tokenization platform, WAVIST, with Soneium’s blockchain. The businesses are presenting the deal at a WAVIST occasion in Seoul on Tuesday, throughout Korea Blockchain Week.
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What Followers Would Get
The businesses describe the deal as a approach for followers to share in income from the IP behind the acts they comply with. Eligible customers would get tokenized publicity to income from concert events, streaming and music rights, and rights holders would get a brand new supply of funding. Who qualifies is dependent upon regulation, in accordance to the businesses.
They didn’t say when the primary belongings might be supplied, which artists’ IP comes first, or how giant any providing might be.
“Okay-pop is a market in contrast to every other, but the best way capital reaches it has barely modified,” stated Dylan Cho, real-world asset (RWA) lead at DayOneDream, within the announcement. “Our partnership with Soneium sits the place RWA, IP, and Okay-pop meet, and it opens an actual path to investing by way of the IP itself.”
Earlier Offers
In Might, WAVIST completed repaying a tokenized bond issued to finance Okay-pop IP, and the bond’s tokens had been then burned, the businesses stated. They didn’t disclose its measurement.
IP Technique, a Nasdaq-listed firm that holds Story’s token as its major reserve asset, said in March that WAVIST’s first asset gross sales, completed with Korea’s Kyobo Life Insurance coverage and Singapore’s SBI Digital Markets, raised $3.22 million, and {that a} $15 million fund was being put collectively. It described WAVIST’s tokenized belongings as working on Story, one other blockchain targeted on IP.
Startale, Soneium’s co-developer, closed a $63 million Series A in March with cash from SBI Group and Sony Innovation Fund, largely to scale Strium, a blockchain for tokenized securities.
“Okay-pop is a superb place to begin, and we are going to hold bringing extra leisure IP onto Soneium,” stated Yuji Kumagai, head of Soneium Protocol, within the announcement.
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AI-assisted content material: This text was produced with the help of AI instruments and was reviewed, edited, and fact-checked by a member of the Unchained editorial workforce earlier than publication.
