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Soneium and Asseto Plan Oct. 28 Launch of Royalty IP Vault

Soneium and Asseto Plan Oct. 28 Launch of Royalty IP Vault

Photo: TokenPost

Soneium and Asseto plan to introduce a royalty investment vault on Soneium Portal, giving the network’s entertainment rights initiative a proposed product linked to a Partners Group fund. The IP Vault would accept deposits of ipUSD for exposure to returns from the royalty fund. The proposed process calls for Startale App to exchange Startale USD (USDSC) for ipUSD at a 1:1 rate. Startale Group issues USDSC, a dollar stablecoin used on Soneium. The plan adds a product to Soneium’s earlier outline of a royalty investment vault .

Source: TokenPost

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