TIX, a DeFi lending platform for live-events, has processed over $8 million in ticket sales and $2 million in venue financing through KYD Labs. TIX aims to launch on Solana by mid-2026 and provides onchain settlement and financing for the industry, addressing the credit-and-debt model prevalent in live events.

Ticketmaster, a major player in the ticketing industry, has been exploring blockchain technology since 2019. The company chose the Flow blockchain in 2022 to support its NFT-based ticketing initiatives and has issued nearly 100 million NFT tickets. Proponents of RWAs argue that tokenization can reduce fraud and counterfeiting in ticketing, offering greater transparency and control in resale markets.

Read more at CoinTelegraph: TIX Emerges From Stealth to Bring DeFi Lending to Live Event Ticketing