Avalanche is set to power a new era of royalty payments on-chain. The blockchain platform is partnering with Record Financial, a pioneering technology firm in the music industry. Collaboration will allow Record to harness the power of blockchain to deliver instant, verifiable payouts. The Avalanche team announced its collaboration with Record on Thursday, a move […] The post Record Financial brings instant royalty payouts onchain via Avalanche appeared first on CoinJournal.Avalanche is set to power a new era of royalty payments on-chain. The blockchain platform is partnering with Record Financial, a pioneering technology firm in the music industry. Collaboration will allow Record to harness the power of blockchain to deliver instant, verifiable payouts. The Avalanche team announced its collaboration with Record on Thursday, a move […] The post Record Financial brings instant royalty payouts onchain via Avalanche appeared first on CoinJournal.

Record Financial brings instant royalty payouts onchain via Avalanche

  • Avalanche is set to power a new era of royalty payments on-chain.
  • The blockchain platform is partnering with Record Financial, a pioneering technology firm in the music industry.
  • Collaboration will allow Record to harness the power of blockchain to deliver instant, verifiable payouts.

The Avalanche team announced its collaboration with Record on Thursday, a move that could accelerate payments as well as empower creators amid blockchain adoption across creative economies.

AVAX, the native token of Avalanche, has gained slightly as bulls try to hold onto key support levels.

Record Financial and Avalanche partner to boost royalty payouts

Payments across the music industry are getting a digital innovation makeover, with a new ecosystem designed to remove the delays, opaque accounting, and uncertainty.

These issues continue to plague the industry.

Record Financial is positioning its platform at the centre of a structural shift in how royalties are tracked and paid.

Built natively on Avalanche, the system is designed to aggregate and standardise royalty data drawn from multiple sources.

Traditional royalty workflows rely on publishers and distributors, all of which process earnings from streams, downloads and live performances through slow, manual and cross-border channels.

Those delays — often stretching for months — can materially reduce earnings and opportunities for creators.

Record aims to leverage its growing traction and Avalanche’s on-chain capabilities to overhaul the process, creating a unified, verifiable ledger that reconciles data in real time.

The platform is structured to support payouts in stablecoins such as USDC, delivered directly to creators’ digital wallets.

Travis Garrett, chief executive officer of Record Financial, said:

Collaboration builds on Record’s footprint, which already includes major players such as Armani White, Lil Tjay, and A$AP Ferg.

Morgan Krupetsky, vice president of onchain finance at Ava Labs, added:

AVAX price outlook amid blockchain adoption

The Avalanche ecosystem’s native token, AVAX, plays a crucial role in powering transactions and securing the network.

Its market performance is thus a key indicator of the platform’s momentum.

As of November 20, 2025, the token traded near $13,58, down 2% in the past 24 hours.

The token is down 19% over the past month.

Spot exchange-traded funds buzz, treasury allocations and regulatory developments have previously helped AVAX.

However, the latest downturn comes amid macroeconomic headwinds that have also driven Bitcoin to lows of $88,000.

The AVAX price may mirror the declines and drop to $10 before bouncing back to above $20 as cryptocurrencies recover.

The post Record Financial brings instant royalty payouts onchain via Avalanche appeared first on CoinJournal.

Market Opportunity
Octavia Logo
Octavia Price(VIA)
$0.0127
$0.0127$0.0127
-8.63%
USD
Octavia (VIA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.