Investors
Creative income, structured for institutional capital.
PNAQL originates and arranges lending and investment backed by the income creative rights earn, for institutional and professional investors.
Ways to take part
Lend against creative income.
Secured loans to rights holders, backed by catalogue royalties and contracted income, originated and arranged by PNAQL.
Participate in income.
Digital units representing a defined share of a defined income stream, for a fixed term.
Acquire rights.
Partial and full catalogue sales, when a rights holder chooses to sell.
Invest in a Creative Wealth Fund.
Permanent regional funds investing across a region’s creative economy.
How it works
Contracted income, issued as digital units.
PNAQL turns contracted creative income into standardised, tokenised investment units. Each structure starts with a legal vehicle holding defined rights or income. PNAQL issues digital units that mirror those legal rights one to one, records every holding on a digital register, and distributes and reports income programmatically. The legal structure carries the rights, and the technology makes them standard, transferable and transparent.
Originate.
Identify rights with proven, durable cashflows, and define duration and risk parameters.
Structure.
Place contracted income in a dedicated vehicle, with external compliance and governance.
Standardise.
Issue tokenised units that mirror the legal rights one to one, with reporting reconciled to institutional audit standards.
Distribute and report.
Income paid out programmatically, holdings recorded on the register and transferable between eligible holders.
Cashflow exposure, without speculative token risk.
Every unit is backed by contracted income from real creative rights. Tokenisation is how the holding is issued, recorded and settled. The value comes from the income.
Where the income comes from
Royalty and licensing income from the use of the work: streaming, broadcast, sync, live performance and print, collected through established collecting societies and distributors. Income history is reviewed before any structure is offered.
Why creative rights
Creative rights are long-lived assets that the market prices off recent sales. The work that lasts longest is the most consistently underpriced, because most of its value arrives years after any transaction. Our research sets out why.
Built inside established frameworks
Familiar structures.
Royalty and cashflow-backed vehicles, using the closed-end and private credit-style structures institutional investors already hold.
Established issuance routes.
Each offering is structured with counsel for its jurisdiction, using established routes such as Regulation D and Regulation S in the United States.
Investor qualification.
Institutional KYC and AML checks, with eligibility confirmed before anyone holds a unit.
Independent governance.
External compliance and governance on every vehicle.
Reconciled reporting.
Every distribution reconciled against the register and reported to holders.
Who it is for
Institutional and professional investors.