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KYD Labs

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uuid0000rlx

Namestring
KYD Labs
Legal namestring
KYD Labs Inc.
Websiteurl
kydlabs.com
Company typeenum
Private
Founded yearint
2024
Descriptiontext

KYD Labs is a New York-based, venture-backed company that operates a Solana-blockchain-based whitelabel ticketing and marketing platform for live music venues, touring artists, and concert fans. Its core product is a self-serve and enterprise-sold ticketing platform that enables venues and artists to sell tickets directly to fans, control resale rules, capture first-party fan data, and run automated marketing campaigns on Instagram and TikTok, supported by a waitlist system and phone-number-based ticket transfers. The company monetizes via transaction fees on the $10 million-plus in ticket sales processed through the platform, which spans 300,000-plus tickets, 1,000 annual shows, and 600 major touring artists, with all-in pricing on the consumer side.

Beyond ticketing, KYD Labs has built a DeFi-based venue financing capability, originating $2 million in upfront capital for venues with zero defaults, by tokenizing tickets as onchain real-world assets. The founders extended this architecture in December 2024 by launching TIX Protocol, a separate decentralized financing network for live events on Solana, with KYD Labs positioned as the first application built on top of TIX and a protocol token planned for Summer 2026.

The go-to-market combines direct-to-fan product-led growth through the kydlabs.com ticketing interface with an enterprise field sales motion targeting venues and artists, gated by referrals from existing users. KYD Labs has raised approximately $9.3 million in disclosed funding across rounds led by Comcast NBCUniversal LIFT Labs and Techstars (2022), Techstars Ventures (2023), and a16z Crypto (2024 and 2025), and serves named mid-market venues including Le Poisson Rouge, The Brooklyn Monarch, and The Meadows.

Short descriptiontext

KYD Labs is a New York-based, Solana-blockchain ticketing and live events infrastructure company that serves venues, touring artists, and fans with a whitelabel ticketing platform, automated marketing tools, and DeFi-based venue financing via TIX Protocol.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
event ticketing platform, blockchain ticketing infrastructure, venue financing services, whitelabel ticketing system, live event marketing tools
Industry2 codes
1Secondary Market Infrastructure (escrow, pricing, anti-scalping)
CodeMPAFAJAGPrimaryYes
2Virtual Event Registration, Ticketing & Access Control (Authentication, Paywalls, Badging)
CodeTHAHAOAIPrimaryNo
NAICS code1 code
  • Promoters of Performing Arts, Sports, and Similar Events with Facilities711310
SIC code2 codes
  • Services-Miscellaneous Amusement & Recreation7990
  • Finance Services6199
Product category
Event Ticketing Software
Social media profiles2 records
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model2 records
1Ticket Sales Transaction Fees
TypeTransaction Fee
Description

KYD Labs charges fees on ticket sales processed through its platform. The platform enables venues and artists to sell tickets directly to fans with true resale control where all resale proceeds go to venues and artists.

thedefiant.io
2Venue Financing Origination
TypeTransaction Fee
Description

Platform originates financing for venues, enabling them to access upfront capital through DeFi mechanisms. KYD Labs has originated $2 million in venue financing with zero defaults.

yellow.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Pricing details3 tiers
1General Admission tickets with all-in pricing ranging from $32.96 to $80.00
ModelUnit PricingBilling cadencePay-as-you-go
Notes

GA Advance tickets range from $32.96 (Shonen Knife) to $80.00 (Bayou Final Release). All ticket sales are final with no refunds or credits.

kydlabs.com
2VIP Packages with bottle service ranging from $102.00
ModelUnit PricingBilling cadencePay-as-you-go
Notes

VIP Packages include reserved seating, dedicated server, premium bottle menu, and entry for 6-20 guests. Gratuity and tax charged on-site.

kydlabs.com
3Group discounts available (Group of 3 Pass at $74.50, Group of 5 Pass at $72.30)
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Group pricing offers per-ticket savings compared to individual purchases. All-access passes include main show and after-party.

kydlabs.com
GTM typeB2B and B2C
B2B and B2C
Offering typeSoftware
Software
Core offering1 text field

KYD Labs provides a whitelabel ticketing and marketing platform built on the Solana blockchain that enables live event venues and touring artists to sell tickets directly to fans, own their fan data, automate marketing, and control resale revenue. The company also offers DeFi-based venue financing through its TIX Protocol, which tokenizes tickets as on-chain real-world assets to provide upfront capital to venues without exclusive long-term contracts.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • Processed $10 million+ in ticket sales
+5 more records
Product overview1 text field

KYD Labs offers a unified platform architecture consisting of its core whitelabel ticketing and marketing platform built on Solana, complemented by the TIX Protocol DeFi financing layer. The core platform handles direct-to-fan ticket sales, fan data management, automated marketing, and resale control, while TIX Protocol provides venue and artist financing through tokenized onchain assets. The platform has processed over 300,000 tickets and $10 million in ticket sales across 1,000 annual shows for 600 major touring artists.

Product and service2 records
1KYD Labs Platform
CategoryEvent Ticketing Software
Description

A next-generation, whitelabel ticketing and marketing platform built on Solana for modern venues and artists. Enables venues and artists to own their ticketing, keep fan data, automate marketing, and control resale while delivering claimed 10x returns on ad spend. Has processed over 300,000 tickets and $10 million in ticket sales across 1,000 annual shows for 600 major touring artists.

2TIX Protocol
CategoryDeFi Venue Financing
Description

A decentralized finance settlement layer for live events built on Solana. Converts tickets into programmable onchain real-world assets to address liquidity challenges facing venues and artists, separating financing from ticketing through smart contracts. KYD Labs operates as the first ticketing platform built on TIX infrastructure.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeTechnology or Integration
Description

KYD Labs is built on the Solana blockchain platform. The company leverages Solana's infrastructure for its ticketing and DeFi financing solutions.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1DICE
TypeDirect peer
Description

DICE is a music-focused ticketing platform that emphasizes direct-to-fan sales, face-value resale, and venue/artist control — directly comparable to KYD Labs' value proposition of letting venues and artists reclaim ticketing, data, and resale economics.

TypeBroad incumbent
Description

Ticketmaster is the dominant incumbent in event ticketing that KYD explicitly positions against — it controls most major venue exclusives, captures fan data, and bundles financing, making it the central competitor KYD's whitelabel model is built to displace.

TypeDirect peer
Description

Eventbrite is a self-serve event ticketing and discovery platform serving a broad range of event creators with a transaction-fee model — directly comparable to KYD's platform business, though broader and less focused on music venue exclusivity.

TypeBroad incumbent
Description

AXS is a major ticketing platform owned by AEG that powers many large venue and arena sales — a direct incumbent in primary ticketing for live music and sports with exclusive venue contracts, competing head-to-head with KYD for venue relationships.

TypeDirect peer
Description

GET Protocol is a blockchain-based ticketing platform that issues NFT tickets for events — directly comparable to KYD Labs' Solana-based ticketing infrastructure and on-chain ticket tokenization approach for anti-scalping and direct-to-fan economics.

TypeDirect peer
Description

Yellowheart is a Web3 ticketing platform focused on fan ownership and controlled resale using blockchain technology — overlapping with KYD's mission of giving artists and venues control over tickets, fan data, and resale economics.

TypeDirect peer
Description

See Tickets is an established event ticketing platform serving venues, promoters, and festivals with primary ticketing and resale — directly comparable to KYD's whitelabel venue ticketing offering in mid-market live events.

8Shotgun
TypeDirect peer
Description

Shotgun is a music event discovery and ticketing platform focused on electronic music venues and festivals — directly comparable to KYD's music venue ticketing focus with similar direct-to-fan and face-value resale positioning.

TypeBroad incumbent
Description

StubHub is the largest secondary ticketing marketplace in the US — comparable to KYD's controlled-resale and waitlist-driven face-value resale product, but operating as an open marketplace that enables scalper markups KYD explicitly opposes.

TypeDirect peer
Description

Resident Advisor is an electronic music ticketing and discovery platform with a curated, community-trusted brand — comparable to KYD's venue-and-fan focus in music events with an emphasis on direct artist/venue relationships over mass-market scalping.

Market position
Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors7 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

KYD Labs

Event Ticketing Softwarekydlabs.com

KYD Labs is a New York-based, Solana-blockchain ticketing and live events infrastructure company that serves venues, touring artists, and fans with a whitelabel ticketing platform, automated marketing tools, and DeFi-based venue financing via TIX Protocol.

What KYD Labs does

KYD Labs is a New York-based, venture-backed company that operates a Solana-blockchain-based whitelabel ticketing and marketing platform for live music venues, touring artists, and concert fans. Its core product is a self-serve and enterprise-sold ticketing platform that enables venues and artists to sell tickets directly to fans, control resale rules, capture first-party fan data, and run automated marketing campaigns on Instagram and TikTok, supported by a waitlist system and phone-number-based ticket transfers. The company monetizes via transaction fees on the $10 million-plus in ticket sales processed through the platform, which spans 300,000-plus tickets, 1,000 annual shows, and 600 major touring artists, with all-in pricing on the consumer side.

Beyond ticketing, KYD Labs has built a DeFi-based venue financing capability, originating $2 million in upfront capital for venues with zero defaults, by tokenizing tickets as onchain real-world assets. The founders extended this architecture in December 2024 by launching TIX Protocol, a separate decentralized financing network for live events on Solana, with KYD Labs positioned as the first application built on top of TIX and a protocol token planned for Summer 2026.

The go-to-market combines direct-to-fan product-led growth through the kydlabs.com ticketing interface with an enterprise field sales motion targeting venues and artists, gated by referrals from existing users. KYD Labs has raised approximately $9.3 million in disclosed funding across rounds led by Comcast NBCUniversal LIFT Labs and Techstars (2022), Techstars Ventures (2023), and a16z Crypto (2024 and 2025), and serves named mid-market venues including Le Poisson Rouge, The Brooklyn Monarch, and The Meadows.

KYD Labs firmographics

Firmographics
Name
KYD Labs
Legal name
KYD Labs Inc.
Website
https://kydlabs.com
Company type
Private
Founded year
2024
Operating status
Operating
Headcount range
11–50 employees
Short description
KYD Labs is a New York-based, Solana-blockchain ticketing and live events infrastructure company that serves venues, touring artists, and fans with a whitelabel ticketing platform, automated marketing tools, and DeFi-based venue financing via TIX Protocol.
Ownership category
akta.pro rank

KYD Labs industry classification

Industry
Product category
Event Ticketing Software
NAICS
Promoters of Performing Arts, Sports, and Similar Events with Facilities (711310)
SIC
Services-Miscellaneous Amusement & Recreation (7990), Finance Services (6199)
akta.pro primary industry
Secondary Market Infrastructure (escrow, pricing, anti-scalping) (MPAFAJAG)
akta.pro secondary industry
Virtual Event Registration, Ticketing & Access Control (Authentication, Paywalls, Badging) (THAHAOAI)

Keywords

  • Event ticketing platform
  • Blockchain ticketing infrastructure
  • Venue financing services
  • Whitelabel ticketing system
  • Live event marketing tools

Where KYD Labs is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Markets served

KYD Labs business model

Business model
GTM type
B2B and B2C
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. Ticket Sales Transaction Fees: KYD Labs charges fees on ticket sales processed through its platform. The platform enables venues and artists to sell tickets directly to fans with true resale control where all resale proceeds go to venues and artists.
  2. Venue Financing Origination: Platform originates financing for venues, enabling them to access upfront capital through DeFi mechanisms. KYD Labs has originated $2 million in venue financing with zero defaults.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goGeneral Admission tickets with all-in pricing ranging from $32.96 to $80.00
Unit PricingPay-as-you-goVIP Packages with bottle service ranging from $102.00
Unit PricingPay-as-you-goGroup discounts available (Group of 3 Pass at $74.50, Group of 5 Pass at $72.30)

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

KYD Labs product offering

Product offering

Core offering

KYD Labs provides a whitelabel ticketing and marketing platform built on the Solana blockchain that enables live event venues and touring artists to sell tickets directly to fans, own their fan data, automate marketing, and control resale revenue. The company also offers DeFi-based venue financing through its TIX Protocol, which tokenizes tickets as on-chain real-world assets to provide upfront capital to venues without exclusive long-term contracts.

Product overview

KYD Labs offers a unified platform architecture consisting of its core whitelabel ticketing and marketing platform built on Solana, complemented by the TIX Protocol DeFi financing layer. The core platform handles direct-to-fan ticket sales, fan data management, automated marketing, and resale control, while TIX Protocol provides venue and artist financing through tokenized onchain assets. The platform has processed over 300,000 tickets and $10 million in ticket sales across 1,000 annual shows for 600 major touring artists.

Differentiator

Problem solved

Functional benefit

Products and services

  • KYD Labs Platform A next-generation, whitelabel ticketing and marketing platform built on Solana for modern venues and artists. Enables venues and artists to own their ticketing, keep fan data, automate marketing, and control resale while delivering claimed 10x returns on ad spend. Has processed over 300,000 tickets and $10 million in ticket sales across 1,000 annual shows for 600 major touring artists.
  • TIX Protocol A decentralized finance settlement layer for live events built on Solana. Converts tickets into programmable onchain real-world assets to address liquidity challenges facing venues and artists, separating financing from ticketing through smart contracts. KYD Labs operates as the first ticketing platform built on TIX infrastructure.

Quantifiable outcome

  • Processed $10 million+ in ticket sales
  • +5 more outcomes

Companies that use KYD Labs

Customer profile

Named customers3 records

Segments2 records

Ideal customer profiles2 records

KYD Labs technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

KYD Labs partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • SolanacoreTechnology or IntegrationKYD Labs is built on the Solana blockchain platform. The company leverages Solana's infrastructure for its ticketing and DeFi financing solutions.

Scale indicators9 records

Recent moves5 records

Expansion highlights5 records

KYD Labs competitors and assessment

Company assessment

Direct peers

  • DICE: DICE is a music-focused ticketing platform that emphasizes direct-to-fan sales, face-value resale, and venue/artist control — directly comparable to KYD Labs' value proposition of letting venues and artists reclaim ticketing, data, and resale economics.
  • Eventbrite: Eventbrite is a self-serve event ticketing and discovery platform serving a broad range of event creators with a transaction-fee model — directly comparable to KYD's platform business, though broader and less focused on music venue exclusivity.
  • GET Protocol: GET Protocol is a blockchain-based ticketing platform that issues NFT tickets for events — directly comparable to KYD Labs' Solana-based ticketing infrastructure and on-chain ticket tokenization approach for anti-scalping and direct-to-fan economics.
  • Yellowheart: Yellowheart is a Web3 ticketing platform focused on fan ownership and controlled resale using blockchain technology — overlapping with KYD's mission of giving artists and venues control over tickets, fan data, and resale economics.
  • See Tickets: See Tickets is an established event ticketing platform serving venues, promoters, and festivals with primary ticketing and resale — directly comparable to KYD's whitelabel venue ticketing offering in mid-market live events.
  • Shotgun: Shotgun is a music event discovery and ticketing platform focused on electronic music venues and festivals — directly comparable to KYD's music venue ticketing focus with similar direct-to-fan and face-value resale positioning.
  • Resident Advisor: Resident Advisor is an electronic music ticketing and discovery platform with a curated, community-trusted brand — comparable to KYD's venue-and-fan focus in music events with an emphasis on direct artist/venue relationships over mass-market scalping.

Broad incumbents

  • Ticketmaster (Live Nation Entertainment): Ticketmaster is the dominant incumbent in event ticketing that KYD explicitly positions against — it controls most major venue exclusives, captures fan data, and bundles financing, making it the central competitor KYD's whitelabel model is built to displace.
  • AXS (AEG): AXS is a major ticketing platform owned by AEG that powers many large venue and arena sales — a direct incumbent in primary ticketing for live music and sports with exclusive venue contracts, competing head-to-head with KYD for venue relationships.
  • StubHub: StubHub is the largest secondary ticketing marketplace in the US — comparable to KYD's controlled-resale and waitlist-driven face-value resale product, but operating as an open marketplace that enables scalper markups KYD explicitly opposes.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

KYD Labs social profiles

Digital presence

KYD Labs financial estimates

Financial estimate

Revenue estimate

Valuation estimate

KYD Labs leadership team

Management profile

Number of profiles

Profiles2 records

KYD Labs funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

KYD Labs M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KYD Labs

What does KYD Labs do?

KYD Labs provides a whitelabel ticketing and marketing platform built on the Solana blockchain that enables live event venues and touring artists to sell tickets directly to fans, own their fan data, automate marketing, and control resale revenue. The company also offers DeFi-based venue financing through its TIX Protocol, which tokenizes tickets as on-chain real-world assets to provide upfront capital to venues without exclusive long-term contracts.

Is KYD Labs a public or private company?

KYD Labs is a private company. It is classified as venture growth investor backed and is currently operating.

When was KYD Labs founded?

KYD Labs was founded in 2024. It employs 11 to 50 people.

Where is KYD Labs based?

KYD Labs is headquartered in New York, United States, in the North America region.

How does KYD Labs make money?

Two revenue lines are on record. Ticket Sales Transaction Fees are the primary driver. The others are venue Financing Origination.

Who are KYD Labs's main competitors?

Direct peers on record are DICE, Eventbrite, GET Protocol, Yellowheart, See Tickets, Shotgun and Resident Advisor. Broad incumbents are Ticketmaster (Live Nation Entertainment), AXS (AEG) and StubHub.

Does KYD Labs have an API?

No public API is recorded for KYD Labs.

What industry is KYD Labs in?

KYD Labs's product category is Event Ticketing Software. Its primary akta.pro industry code is MPAFAJAG, Secondary Market Infrastructure (escrow, pricing, anti-scalping), with a secondary code of THAHAOAI, Virtual Event Registration, Ticketing & Access Control (Authentication, Paywalls, Badging). Its NAICS code is 711310 and its SIC code is 7990.

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Live signals
Billboard‘An Opera House With Tattoos’: How Indie Venue LPR Has Brought Its ‘Artistic Vision’ to Greenwich Village for Nearly 20 YearsDavid Handler and Justin Kantor founded independent music venue (Le) Poisson Rouge (LPR) in New York City's Greenwich Village in June 2008 during the Great Recession, nearly 80 years after Handler's grandfather immigrated to the U.S. just before the 1929 market crash. The multi-room venue, designed by acoustician John Storyk (Electric Lady Studios), occupies the former sites of legendary venues Village Gate and Club Life, and has hosted performances from artists including Damien Rice, Yo-Yo Ma, Lady Gaga, and Lorde's first New York show while maintaining a programming philosophy described as "an opera house with tattoos." LPR, which puts on approximately 400 shows annually, has survived economic downturns by operating late-night events and partnering with blockchain ticketer KYD Labs to access fan data and track sales in real time.YellowTIX Protocol Launches Solana-Based Financing Network for Live Events IndustryAhmed Nimale and David Barrick announced TIX Protocol at Solana Breakpoint, a decentralized financing network that converts tickets into programmable onchain assets to address what founders describe as a $10 billion debt problem facing live event venues and artists globally. The protocol, which will launch on Solana Mainnet in Summer 2026 alongside a token launch, separates financing from ticketing through smart contracts, allowing venues to access capital without the exclusive long-term contracts required by traditional providers. KYD Labs, the founders' previous venture that processed over $10 million in ticket sales and originated $2 million in venue financing with zero defaults, serves as the first ticketing platform built on TIX infrastructure.MEXC ExchangeTIX Launches from Stealth, Transforming Live Event Ticketing with DeFi LendingTIX has launched from stealth as a blockchain-based platform for live event ticketing and venue financing, having facilitated over $8 million in ticket sales and approximately $2 million in venue financing through its partnership with KYD Labs. The platform tokenizes tickets as real-world assets, enabling venues to access upfront capital from multiple sources while allowing artists to sell directly to fans, and is scheduled to launch on the Solana blockchain by mid-2026. The development reflects a broader industry shift toward blockchain adoption, with major players like Ticketmaster also exploring tokenization solutions since 2019.TicketNewsFounders Behind KYD Labs Launch TIX, Bringing DeFi Lending to Live Event FinancingAhmed Nimale and David Barrick, founders of a16z-backed KYD Labs, have launched TIX, a blockchain-based financing network on Solana designed to provide venues and artists with upfront capital and replace the traditional model where ticketing companies act as lenders. The platform has already been validated through KYD Labs processing over 300,000 tickets and originating $2 million in financing with zero defaults over the past 12 months, with a token launch planned for summer 2026. The founders aim to establish TIX as a replacement for existing ticketing systems by the end of the decade, addressing what they describe as over $10 billion in accumulated venue debt due to limited access to independent financing options.TheticketingbusinessDecentralised financing network launched for live events industryAhmed Nimble and David Barrick, founders of a16z-backed Kyd Labs, have announced Tix, an onchain financing and settlement network for the live events industry built on the Solana blockchain platform. The network aims to address liquidity challenges by enabling venues to access upfront capital from multiple liquidity providers while allowing artists to retain control over ticket sales, fan data, and resale rules. Kyd Labs, the first ticketing platform built on Tix, has already processed over 300,000 tickets and $10 million in ticket sales with zero defaults over the past 12 months.CoinTelegraphTIX Emerges From Stealth to Bring DeFi Lending to Live Event TicketingTIX, a settlement layer for the live-events industry, has emerged from stealth to apply decentralized finance lending and onchain settlement to ticketing, having facilitated over $8 million in ticket sales and generated about $2 million in venue financing through its partnership with KYD Labs. The company, led by Ticketmaster and Buildspace veterans, plans to launch on Solana mainnet by mid-2026, serving as the underlying infrastructure for KYD Labs, which raised $7 million in a funding round led by venture firm a16z. TIX aims to address the live events industry's reliance on upfront financing by turning tickets into onchain real-world assets, enabling venues to access capital, artists to sell directly, and fans to benefit from lower fees and transparent resale.ThedefiantWeb3 Ticketing Platform KYD Labs Launches TIX for Live Events FinancingKYD Labs, a Solana-based ticketing platform, has launched TIX — a decentralized finance lending layer designed to tokenize tickets as real-world assets and provide upfront financing for live events. The platform, which processes over $8 million in ticket sales across more than 300,000 tickets and 1,000 annual shows for 600 major touring artists, seeks to disrupt traditional ticketing companies by enabling artists and venues to access on-chain liquidity through DeFi automation. KYD Labs previously raised over $7 million in a funding round led by a16z crypto in May.