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K Wave Media Announces Plans to Launch One of the First Entertainment Tokenization Platforms with Strategic Investment from Galaxy Digital and Backing from Korea’s Leading IP Companies
NEW YORK and SEOUL, South Korea, Sept. 29, 2025 (GLOBE NEWSWIRE) -- K Wave Media (Nasdaq: KWM), a Korean cultural innovation and digital asset company, today
About this update from K Wave Media, Ltd.
[{"type":"text","content":"NEW YORK and SEOUL, South Korea, Sept. 29, 2025 (GLOBE NEWSWIRE) -- K Wave Media (Nasdaq: KWM), a Korean cultural innovation and digital asset company, today announced plans to develop one of the industry’s first entertainment tokenization platforms. The platform will offer innovative tools such as revenue-sharing tokens that enable fractional ownership in films, concerts, branded content, and IP rights, along with smart contract–based automated royalty distribution to ensure transparent payouts to creators, investors, and rights holders. Even ahead of its official launch, more than 37 leading Korean content producers and IP holders have signed MOUs to participate in and utilize the platform. As part of this initiative, Galaxy Digital (Nasdaq/TSX: GLXY) — already serving as KWM’s Asset Manager and Strategic Advisor — made an approximately $1 million equity investment in KWM and received warrants for additional shares. KWM seeks to transform how entertainment projects raise capital and how fans engage with their favorite stars and creative works. The platform will also accept Bitcoin as a means of payment and investment, positioning it at the forefront of digital finance in the entertainment sector. “This platform is designed to be open and accessible. It’s not just for the 250 million+ global K-culture fans, but for anyone who wants to support and participate in entertainment IP and art,” said Ted Kim, CEO of KWM. “With a single click, fans can back the projects they love while enjoying a seamless, fun experience where the technology works in the background. The early commitment of 37 respected content and IP holders demonstrates the strong demand and confidence in what we’re building.” KWM’s approach combines the global influence of Korean media, institutional-grade financial frameworks, and Web3 innovation — creating a new blueprint for public companies in the tokenization era. With its cross-border strategy, KWM is uniquely positioned to connect Korean retail markets, U.S. institutional investors, and global crypto communities, creating a powerful multi-market growth engine. This investment represents a significant milestone in KWM’s evolution and sets the stage for a new era of tokenized entertainment and borderless capital engagement. Forward-Looking Statements: This press release includes forward-looking statements within ...