SoundCloud has acquired the decentralized music platform Nina Protocol shortly after its planned shutdown. The deal integrates Nina’s artist roster, editorial archive, and music discovery tools directly into SoundCloud’s ecosystem. This strategic move aims to enhance platform capabilities and better serve independent musicians.
Background
SoundCloud has established itself as a primary hub for independent musicians, while decentralized platforms like Nina Protocol explore blockchain-based distribution and artist rights management. This acquisition highlights the music industry's gradual integration of Web3 concepts into mainstream streaming services.
- Source
- TechCrunch
- Published
- Jul 23, 2026 at 03:42 AM
- Score
- 6.0 / 10