DeFi· ★★· neutral·

Soneium launches IP Vault with $600,000 subscription cap for tokenized royalties

  • —First two IP Vault rounds are capped at $600,000; minimum subscription is 100 ipUSD
  • —Pre-deposit contract held about 600,020 ipUSD as of October 28
  • —Underlying Partners Group fund had $641 million in net assets as of August 2026
  • —Instant exits carry a 5% fee; standard withdrawals can take three to six months
Why it matters: The launch tests demand for tokenized royalties, though the $600,000 cap and queued exits limit liquidity for investors.
Source: The Cryptonomist