HWAL Inc. (HWAL) Pioneers Tokenized Approach To Music Royalties

The tokenized real-world asset market reached an estimated $60 billion in value across more than 7,000 products by mid-2026. In January 2026, Lunar Records, of which HWAL owns 50% through its subsidiary Melody Trust LLC, formed Lunar Records Fund 1, the first tokenized real-world asset fund built around music royalties.

For decades, musicians and songwriters have complained that royalty statements arrive late, are hard to audit and rarely show from whence the money came. HWAL (OTC: HWAL) is taking an innovative approach to that problem using tokenized assets.

The broader trend HWAL is riding is real and growing quickly. The tokenized real-world asset market reached an estimated $60 billion in value across more than 7,000 products by mid-2026. Much of that growth has centered on tokenized treasuries and...

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