DeFi-Based Ticket Settlement Aims to Fix Financing, Fees, and Transparency Issues
A new onchain settlement model is gaining traction in the live events industry, offering a potential alternative to long-criticized ticketing systems dominated by centralized intermediaries. TIX a blockchain-based settlement layer, is applying decentralized finance (DeFi) and real-world asset (RWA) tokenization to how tickets are issued, financed, and settled.
So far, the TIX network has processed over $8 million in ticket sales and enabled roughly $2 million in venue financing through its integration with KYD Labs, a consumer-facing ticketing platform. While KYD Labs manages ticket sales and event operations TIX operates as the onchain backbonetokenizing tickets and managing settlement, financing, and repayment flows. The protocol is expected to launch on Solana mainnet by mid-2026.
The system targets a long-standing industry problem: venues and promoters often rely on upfront debt financing before tickets are sold. By turning tickets into onchain RWAs TIX allows venues to access capital earlier, artists to sell directly to fans, and buyers to benefit from lower fees and clearer resale rules.
Advocates argue that tokenized tickets can also reduce fraud, limit counterfeiting, and improve resale transparency. While NFTs have already been used at scale in ticketing, RWA-based models focus on representing enforceable access rights rather than collectibles.
As regulatory pressure has struggled to curb high fees and opaque practices, onchain ticketing infrastructure is positioning itself as a market-driven solution — one that restructures ticketing around programmable ownership, transparent settlement, and decentralized financing rather than centralized control.
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