# Soneium Opens Royalty IP Vault With a $600,000 Launch Cap By John Kim Canonical URL: https://www.tokenpost.com/news/business/42628 Published: 2026-10-28T13:40:05.000Z Updated: 2026-10-28T13:40:05.000Z Section: Business > The opening follows an Oct. 28 plan from Soneium and Asseto. Their proposal described ipUSD deposits for exposure to royalty-fund returns. Soneium opened its IP Vault on Oct. 28 with a $600,000 launch cap, bringing a planned royalty product to launch. The opening follows [Soneium and Asseto’s Oct. 28 launch plan](). Their proposal described a vault on Soneium Portal that would accept ipUSD deposits for exposure to returns from a Partners Group royalty fund. The proposed funding path would have Startale App convert Startale USD (USDSC) into ipUSD at a 1:1 rate. USDSC is a dollar stablecoin issued by Startale Group for use on Soneium. Earlier plans placed the vault within Soneium’s broader entertainment rights initiative. Soneium Portal was planned as a place to find and take part in tokenized intellectual property projects, while other planned products included IP bonds backed by entertainment businesses. ## Links in this article - [Soneium and Asseto’s Oct. 28 launch plan](https://www.tokenpost.com/news/business/41601)