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IP Vault · Soneium's RWA yield vault
Own a share of the royalties behind what the world watches, plays and listens to.
Deposit ipUSD to join the first round and become eligible for $SONEIUM rewards.
Next settlement
First come, first served
Target yield
A target, not a promise
Why royalties
Institutional-only, until now.
Royalties are a cut of the revenue that music, medicine, media and energy generate every day. For decades that income went only to institutions. IP Vault opens it to anyone with ipUSD.
Inflation-hedged
Revenue-based, so cash flow rises with price and volume.
Diversified
54 royalty investments across seven sectors.
Uncorrelated
Near-zero correlation to equities and credit. 2.8% annual volatility.
The underlying
Inside IP Vault.
A tokenized position in Partners Group's evergreen royalties fund, distributed onchain by Asseto.
Partners Group Evergreen Royalties Opportunities
Managed by Partners Group · tokenized by Asseto
Fund snapshot · Aug 2026
-
Annualised net return
since launch, Jun 2025 - +7.1%
-
Long-term net
target p.a. - 8–10%
-
Royalty investments
across 7 sectors - 54
-
Annualised
volatility - 2.8%
Where the royalties come from
Share of fund NAV · Aug 2026
- Media 45%
- Music 18%
- Natural gas 16%
- Pharma 15%
- Carbon 4%
- Other 2%
Top holdings include South Park (6.5% of NAV), The Weeknd's catalogue and Warner Bros. Discovery's film & TV music.
Track record of the same royalties team
Partners Group Diversified Royalties Opportunities · since Q4 2020
Strategy track record · Dec 2025
- Annualised net return since inception
- 9.1%
- Net return in 2025
- +11.7%
- Full years positive, rising from 7.3% to 11.7%
- 5/5
- Annualised volatility
- 2.2%
- Fund manager
- Partners Group
- SIX-listed · 30 years in private markets · USD 186bn AUM
- Fund
- Evergreen Royalties Opportunities
- Luxembourg SICAV · USD 641M NAV · launched Jun 2025
- Tokenized by
- Asseto
- Institutional RWA platform, Hong Kong · backed by HashKey Group
Fund figures from Partners Group materials (Evergreen Royalties Opportunities as of 31 Aug 2026; Diversified Royalties Opportunities as of 31 Dec 2025), for reference only. Partners Group is not affiliated with ipUSD or IP Vault and does not endorse them. Past performance is not a guarantee of IP Vault returns.
How it works
Four steps, and you can back out of the first two.
The fund takes capital on its own calendar, so subscriptions queue and settle in order.
The stable dollar
ipUSD
The USD stablecoin on Soneium, backed one to one by USDSC from Startale Group. Cash reserves only, no royalty risk.
The royalty position
IP Vault
Your share of the royalty portfolio, priced at NAV. A 10–20% ipUSD buffer keeps redemptions moving through the standard queue.
On Soneium
The Entertainment Layer of Ethereum.
Soneium is home for entertainment and IPs. IP Vault is the yield leg of IPFi: intellectual property as a programmable, yield-bearing asset.
- 750M+transactions, year one
- 5.4Mactive wallets
- Jan 2025mainnet
Trust
Nothing leaves the vault without notice.
Every change is published onchain with timelock protection. A guardian can cancel it. There is no override.
- Onchain delay before any change
- Timelock protection
- Subscriptions settle in order
- FIFO
- ipUSD and USDSC, both ways
- 1:1
Onchain delay before any change
Subscriptions settle in order
ipUSD and USDSC, both ways