Shinhan Investment Signs MOU with Musicow for 'Music IP Acquisition and Fractional Investment Product Issuance'

Establishing the First Music IP Fund Worth Approximately 40 Billion Won as Project Fund GP

Shinhan Investment Corp. announced on July 8 that it has signed a strategic business agreement (MOU) with Musicow Invest for the acquisition of music intellectual property (IP) rights and the issuance of fractional investment products.

The MOU, signed on July 6 at the headquarters of Shinhan Investment Corp. in Yeouido, was initiated to proactively prepare for the institutionalization of Security Token Offerings (STO) and the launch of a fractional investment over-the-counter (OTC) exchange, thereby expanding supply in the issuance market and revitalizing distribution. Musicow has been a leading company in the fractional investment model for music copyright in Korea.

Jung Geunsu, President of Corporate and Investment Banking at Shinhan Investment Corp (left), and Jung Hyunkyung, Chairwoman of Musicow, are taking a commemorative photo at the MOU signing ceremony held on the 6th at Shinhan Investment Corp headquarters in Yeouido. Shinhan Investment Corp

Accordingly, the two companies will jointly pursue a large-scale music IP acquisition project. Shinhan Investment Corp., as the general partner (GP) of the project fund, will establish the first music IP fund worth approximately 40 billion won, while Musicow will select target assets for acquisition based on its proprietary music valuation and high-quality IP sourcing capabilities. The acquired music IPs will be issued as fractional investment products through Musicow and traded on the fractional investment OTC exchange in the future. Both companies aim to complete the acquisition of music IPs within the second half of this year and to finish issuing the products before the opening of the exchange in the fourth quarter.

A representative from Shinhan Investment Corp. stated, "We are exploring new business opportunities in the fields of fractional investment and venture capital based on real assets such as music copyrights and artworks, moving beyond traditional lending and project financing (PF). This agreement marks the starting point of a productive financial strategy aimed at gradually expanding funding for innovative industries and the content sector in line with this direction."

Going forward, the two companies plan to build a reinvestment structure through early distribution and recovery following music IP acquisitions, and to gradually expand collaboration models with music producers, platforms, and copyright holders. In addition, they have agreed to expand the range of fractional investment products based on the performance of the first fund and to establish a long-term roadmap for a continuation fund of over 100 billion won.

This content was produced with the assistance of AI translation services.