Roc Nation is teaming up with South Korean fintech company Musicow to launch the first-ever Music Equity Service Provider in the U.S.
The platform will let users buy, sell, or trade shares of music royalty revenue. Creators will also be able to sell shares of their music, opening up new ways to earn from their work.
The service is set to launch in March 2025. To kick things off, early adopters will get $10 free to start their investment portfolio.
In a statement, Roc Nation’s vice chairman Jay Brown said: “The music industry is evolving into a shared ecosystem where fans and creators can earn together. Our mission is not only to support and empower artists by providing the tools and services they need to build a better music ecosystem but also to give everyone access to the financial opportunities the music industry offers.”
This marks a big step in making music royalties accessible to fans and investors alike.