Solana-Based Ticketing Startup XP Nabs $6.2M—Because Even Blockchain Needs Scalpers

BTCC / BTCC Square / Blockworks /

Author:

Release Time:

2025-05-15 20:30:30

Solana ticketing platform XP raises $6.2M

Solana’s ecosystem scores another win as XP, a blockchain-powered ticketing platform, secures $6.2M in fresh funding. Because nothing says ’disruption’ like paying VCs to reinvent Ticketmaster—but with extra gas fees.

The raise comes as Solana continues its post-FTX rehabilitation tour, proving there’s still appetite for high-throughput chains—especially when they promise to cut out middlemen (while creating new ones).

Investors clearly betting that event ticketing—ripe with fraud and monopolistic practices—is low-hanging fruit for blockchain’s transparency pitch. Now watch as all tickets get minted as NFTs... only to end up on StubHub with a 300% markup.

By:

Log in to Reply

Crypto Traders Decode US Tariff Fallout in Blockchain Breadcrumbs

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.