Finhaven Private Markets launches Canada’s first securitized NFT

FinhavenTM Private Markets is proud to announce Canada’s first securitized NFT.

Stardust Music Video NFT (Stardust NFT), an asset owned by bKREATIV Productions Ltd., has been securitized and fractionalized and is currently being offered to Canadian accredited investors through FinhavenTM Private Markets in increments of $1,000 for a total value of $2 million CAD (the “f-NFTs”). 

Stardust Music Video is an award-winning music video (Los Angeles Film Awards and New York Movie Awards) and the first in the line of eight videos which will form a soundtrack for Black Rose TV Series (Black Rose).

Until now, NFT trading carried regulatory, legal, ownership, and intellectual property risks. Securitization solves some of those problems and offers additional consumer protection. Additionally, until Stardust f-NFT, NFT ownership did not include any direct revenue streams and the transactions were not conducted on regulated financial markets.

“At Finhaven, we do not see things from a perspective of legacy vs. web3 world,” said Dohyung “DH” Kim, CEO and founder of Finhaven. “We believe that blockchain technology can improve and modernize traditional financial markets and we are building the platform for it.”

Stardust f-NFT includes 90% royalty stream from the Stardust Music Video, merchandise revenue share and an ownership share in Black Rose. It is offered through Finhaven Private Markets.

Canadian accredited investors can open an account with Finhaven Private Markets and purchase any number of fractions of the f-NFT (to a maximum of 2,000). Finhaven Private Markets also features: additional issuers and offers; provides a platform for issuer information distribution, storage, and issuer communications with shareholders; and has plans to introduce a secondary trading platform for digital securities in Q3 2022.

About Finhaven

Finhaven is a financial services and technology company with a capital markets platform built on Distributed Ledger Technology (DLT) and digital securities that removes friction from the buying, selling and handling of public and private securities — simplifying financial markets to drive innovation using blockchain. Finhaven provides a seamlessly integrated investor/customer experience. But our vision goes beyond creating highly efficient private markets. Through our core technology, Finhaven will grow to become a leader in the transition of global capital markets and stock exchanges from a book-based system to a digital capital market system — with real time settlement and the elimination of clearing agencies, central depositories and custodians.

Photo by amirali mirhashemian on Unsplash

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