News · RWA & Tokenization
WAVIST plans a $15 million tokenized fund following a $3.22 million initial sale with SBI Digital Markets and Kyobo Life.
Key point 1 of 3
01
WAVIST is structuring a $15 million RWA fund targeting Korean entertainment IP on the Story blockchain.
Key point 2 of 3
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A prior $3.22 million asset issuance was completed in partnership with SBI Digital Markets and Kyobo Life Insurance.
Key point 3 of 3
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Story launched mainnet in February 2025 with $136 million in backing, supporting onchain rights management.
Context
Traditional intellectual property and media rights in the $115 billion K-culture market have remained largely illiquid and difficult for international retail and institutional…
Why it matters
The initiative tests institutional-grade compliance for tokenized entertainment rights, expanding the asset base of the Story blockchain beyond digital art into syndicated media…
What to watch
Closing of the $15 million fund and subsequent onchain distribution metrics across Korean film, TV, and K-idol assets.
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