Royal.io Raises $55M in Series A, Ushering in a New Era of Music Ownership

Royal.io, the groundbreaking platform redefining music ownership through cutting-edge blockchain technology, is thrilled to announce that it has successfully raised $55 million in its latest funding round. This significant investment marks a pivotal moment in the company’s evolution, empowering Royal to push the boundaries of how music rights are understood, managed, and monetized. Co-founded by renowned artist Justin Blau (3LAU) and industry visionary JD Ross, Royal is on a mission to democratize music ownership—a domain that has long been monopolized by record labels, private equity, and hedge funds. By leveraging blockchain technology, Royal enables artists to not only retain control over their creative work but also share a piece of their success with dedicated fans, opening up a revolutionary new revenue stream and fortifying artist-fan relationships. The substantial capital injection will be strategically used to scale Royal’s innovative platform, further develop its technological capabilities, and expand its market reach. With financial backing from some of the most influential names in venture and music industries—such as Andreessen Horowitz, Paradigm, Coinbase Ventures, Founders Fund, and Creative Artists Agency—as well as support from prominent musicians including Nas, The Chainsmokers, and Diplo, Royal is uniquely positioned to lead the charge in transforming music economics. This round of funding not only highlights investor confidence in Royal's disruptive approach but also underscores the growing demand for empowering artists in a way that has never been seen before. To learn more about Royal’s mission and explore the future of music ownership, please visit www.royal.io.