Case Title
Digitalized Royalties: Tokenizing Intellectual Property Rights
1. Scenario
- Client Archetype: Publishing group with a rights catalog.
- Sector: Media / Intellectual Property.
- Operation Vector: Spain (Financial Innovation).
2. The Strategic Challenge
A publishing group with a valuable catalog of copyright over classic works wanted to monetize those assets without selling them. It was looking for a structure that would allow investors to participate in future royalties on a fractional basis, while retaining ownership and control of the catalog.
3. The META Channel Solution Architecture
TokenLab was activated to design the tokenization of the economic rights over future royalties. The operation was structured under the MiFID II framework as participations in contractual cash flows, including the design of the issuing vehicle, the regulatory documentation and the technical infrastructure needed to operate the tokens.
4. Ecosystem Orchestration: Layers in Action
Layer 5 (Substantive Legal), led by META Channel, structured the tokenized rights and the contractual framework over the future royalties. Layer 4 (Technological) developed the smart contract with automatic proportional distribution of income to token holders, while Layer 2 (Reference Partners) coordinated the valuation of the catalog and the distribution of the issue among interested investors.
5. META Channel Category
TokenLab. Designs and executes the tokenization of real-world assets (RWA), structuring the financial and technological issue in order to turn intellectual property rights into liquid, divisible assets.
6. Strategic Capabilities Deployed
- ☑ Institutional Connection
Facilitates access to networks of qualified investors interested in new digital assets, coordinating the placement of the tokenized rights issue.
- ☑ Global Regulatory Strategy
Structuring of the issue of Security Tokens under strict compliance with MiFID II and securities market regulations, ensuring the validity of the offering.
- ☑ Implementation and Technology
- ☐ Mode A: Implementation of Existing Platforms
- ☑ Mode B: Custom Development (Bespoke Software)
Programming of the Smart Contract ad-hoc that automates the collection and proportional distribution of the royalties (dividends) to the investors’ wallets.
- ☑ Global Law and Comprehensive Legal Advisory Services
Drafting of the issue terms and validation of the legal structure linking the digital token to the real economic rights over the publishing catalog.
7. Key Results
- Tokenization architecture completed in 4 months.
- 2 million euros raised from investors in the first issue.
- The group retained 100% of ownership and control of the catalog.
- Replicable model for future issues over newly acquired rights.
