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KYD Labs has completed a $7 million seed round financing, led by a16z Crypto.
Odaily News KYD Labs, a blockchain ticketing platform, announced the completion of a $7 million seed round financing, led by a16z Crypto. KYD Labs aims to enable artists and venues to control ticket sales, fan data, and revenue, addressing the issue of revenue loss. The platform is built on Solana, allowing fans to quickly purchase tickets, and plans to expand to over 100 venues in the U.S. by 2026. (CoinDesk)