AI K-Pop Startup Galaxy Plans Dual IPO in Seoul and New York

Galaxy Corp., a South Korean startup developing AI-generated K-pop performances and virtual artists, is preparing for dual initial public offerings in Seoul and New York. The company has filed preliminary paperwork with regulators in both jurisdictions, according to sources familiar with the matter. Galaxy uses artificial intelligence to create synthetic performances, digital avatars, and automated music production tools for the K-pop industry. Founded in 2022, Galaxy has secured partnerships with several mid-tier K-pop agencies to deploy its AI technology for training simulations, choreography generation, and virtual fan engagements. The company claims its technology can reduce production costs The dual-listing strategy follows a growing trend among South Korean tech companies seeking broader capital access through New York listings while maintaining domestic trading presence. The IPO timing and target valuation have not been disclosed. Galaxy's planned listing comes amid increasing investor interest in generative AI applications for media and entertainment, though the company will face scrutiny over intellectual property rights and artist compensation models.