Music Lovers to Become Royalty Investors in New Trading Platform
- Trading firm GTS and Jukebox partner to create registered app
- Launch is slated by end of 2023 with over $4 billion of rights
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Retail investors will soon get a chance to purchase the music rights of their favorite artist or music catalog, thanks to a developing platform from market maker GTS Securities LLC.
The global trading firm is partnering with JKBX, a royalties technology platform also known as Jukebox, to make investing in music rights accessible to the general public, according to executives. The system, slated to go live at the end of 2023, will allow fans to invest in music in a manner similar to how they buy stocks.