GTS Securities, an electronic market maker across global financial instruments, and JKBX (Jukebox), a platform that offers fans, retail investors and music lovers the opportunity to invest in music royalties at scale, have signed a Memorandum of Understanding (MOU) that creates a strategic partnership between the two. The agreement brings together the music industry expertise of JKBX and the financial markets, trading and technology expertise of GTS.
The partnership builds on GTS’s success as a leading market participant in trading global equities, futures, fixed income and ETFs – and one of the largest designated market makers at the New York Stock Exchange
Music rights as an asset class have been traded since the creation of copyright laws, but they have never been available to retail investors to trade at scale. JKBX believes it will transform the music industry by unlocking access to this asset class, offering shares in music royalties of hit songs and popular