Music Protocol taps Plume Network to revolutionize music tokenization

Brevan Howard Digital and Haun Ventures supported the actual platform for Plume Network and Music Protocol, a tokenized protocol of real musical assets, have teamed up to redefine musical tokenization and monetization.

Panache and music protocol announcement Their collaboration on February 24. The partnership will allow the tokenization platform for music royalties to take advantage of the modular blockchain of Plume Network to provide chain intellectual property.

With the music protocol aimed at transforming the property of the music industry through the RWA space, the Plume blockchain could play a crucial role. The partners noted in an ad that working together, they could unlock new opportunities for artists, investors and copyright holders, among other users.

The musical protocol facilitates the monetization of musical fees by bringing them to digital assets.

To achieve this, the protocol uses the transparency and security of Blockchain technology, as well as crypto liquidity, to allow programmable chain music. This creates new financial opportunities for industry investors.

Users will be able to exchange and manage music music with lower transaction costs, the partners said.

“By optimizing the infrastructure for active active world, Plume provides an ecosystem that guarantees transparent integration for industries such as music, real estate and finance,” noted the music protocol in an article on X.

While companies are bridge music and blockchain, they aim to support an ecosystem that not only offers investment opportunities but also new sources of income. The music protocol will expand the accessibility of RWA music in a chain with the financial support of a subsidy from the Plume Foundation.

In January, Panache announcement The expansion of its transversal integration via its interoperability solution, Skylink. The platform planned to deploy Skylink on 18 blockchains, notably Solana, Injective, Movement and Core, because it targets the adoption of Rwa of institutional quality.

In early February 2024, Plume Network announced a partnership with the crypto platform in Latin America Mercadoin to help tokensize $ 40 million in RWA. The network has integrated several other key players in industry, including Ondo Finance, Google Cloud,, SuperstateFire, symbiotic, Cobo and Aethir blocks.