SoundCloud Acquires Nina Protocol to Support Indie Artists

SoundCloud has acquired Nina Protocol , a decentralised music platform that allowed independent artists to sell music directly to fans while keeping all of their revenue. The financial details of the acquisition were not disclosed, and it remains unclear whether members of Nina Protocol’s team will join SoundCloud following the deal. The acquisition marks SoundCloud’s first purchase since acquiring AI music discovery company Musiio in 2022, signalling the company’s continued push beyond traditio