DJ 3LAU launches Royal, which lets users trade shares of song royalty rights as crypto tokens, with $16M in seed funding led by Founders Fund and Paradigm (Danny Nelson/CoinDesk)

Danny Nelson / CoinDesk:
DJ 3LAU launches Royal, which lets users trade shares of song royalty rights as crypto tokens, with $16M in seed funding led by Founders Fund and Paradigm  —  Paradigm and Founders Fund each invested $7 million, the crypto-savvy DJ told CoinDesk, with Paradigm's Fred Ehrsam joining the board.

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