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HWAL, Inc., Affiliate Lunar Records Fund #1, LLC, and Lunarbits Equity Fund Announce Definitive Joint Venture with South Korean Entertainment and K-POP Leader, AGINT Co., Ltd.. to Form Lunar Records Korea

HWAL
  • Lunar Records Fund #1, LLC, a joint venture involving Melody Trust (subsidiary of HWAL, Inc.), the SI Blue Foundation, & Lunarbits Equity Fund, signed a definitive agreement with South Korean entertainment firm AGINT Co., Ltd. to establish Lunar Records Korea.
  • The new venture will focus on K-Pop licensing, 360-degree artist arrangements, merchandising, television programming, & global content distribution across Asia, North America, & worldwide markets.
  • A $5 million matching fund program was established where South Korean partners will invest $5 million to match U.S. partner funding dollar-for-dollar, with completion expected within a 90-day window.
  • An equity acquisition mandate requires 5% of all U.S. venture revenues to purchase Lunarbits tokens & another 5% to purchase HWAL common stock from the public market.
  • Lunarbits will provide a tokenized ecosystem offering fan rewards, digital infrastructure, & engagement tools to power the new venture.
  • Revenue streams will target merchandise, digital merchandise, & soundtrack exploitation from a major collaboration with Stan Lee's Legion of 5, encompassing a movie, video game, & full entertainment arrangement.
  • Andrew Lane, an award-winning producer with a 15-year collaboration with Momentum Studios, will oversee the music plan & has curated the Stan Lee "Legion of 5" soundtrack project.
  • The partnership aims to leverage the global music industry's $31 billion size & the $16 billion K-Pop segment, with plans for at least one major collaboration with the boy band BTS.
  • The venture intends to capitalize on the success of acts like KATSEYE & BLACKPINK, noting their standout performances at Coachella 2026.
  • Andrew Lane's roster & social media reach includes over 2 billion viewers across YouTube, TikTok, Instagram, & X, with over one million enrollments recently recorded for Stan Lee's Legion of 5 & K-Pop contests.
  • Dividends will be distributed transparently to Lunar Records charter stakeholders & Lunarbits Equity Fund token holders per IRS guidelines, with the first quarterly dividends scheduled for the last quarter of 2026.
  • HWAL, Inc. contributes its extensive archive of over 25,000 music & visual arts assets from legendary artists including Elvis Presley, The Who, & Jimi Hendrix.
  • AGINT Co., Ltd. is led by Mr. Kim, an Executive Director of the Korea Federation of Broadcasting Organizations (KFBO), which hosts the Korea Broadcasting Awards & manages major K-Pop programming on networks like KBS & MBC.