Bitcoin rewards company Lolli today announced a partnership with StubHub. It will give users the ability to earn up to six per cent bitcoin back on tickets for sporting events, theatre and concerts. StubHub will join more than 1,000 other retailers offering bitcoin rewards with Lolli, including Microsoft, Sephora, Kroger, and Best Buy.
“We’re thrilled to partner with StubHub and start offering free bitcoin on millions of ticket sales,” Lolli co-founder and CEO Alex Adelman said. “Almost everyone in the world loves live music, sports, and theatre and now Lolli users can earn bitcoin when they go do the things they love. This partnership is a major milestone for Lolli in expanding our reach into live events and we’re excited to offer even more opportunities for people to earn and own bitcoin.”
“StubHub revolutionized the live events industry by using technology to create transparency, security, and choice for secondary ticket buyers,” StubHub head of partnerships Dave Huff added. “We are committed to continually innovating to enhance the fan experience and are excited to partner with Lolli to bring this new and first-of-its-kind in the industry opportunity to our customers.”
Founded in 2018, Lolli was created to make bitcoin accessible to all through shopping rewards, allowing anyone to earn it on everyday purchases. The company launched its full mobile app experience this June, in addition to its browser extension, allowing shoppers to earn bitcoin on their everyday purchases on the go.
Lolli recently announced a $10M Series A round led by early Chime backer Acrew Capital, and also including Animal Capital, the Gen. Z-focused investment fund led by Josh Richards, Griffin Johnson, and Noah Beck of TikTok’s Sway House. The round also included top creators such as Logan Paul, Chantel Jeffries, and Lauren Riihimaki of LaurDIY, and a recommitment from investors such as Alexis Ohanian’s Seven Seven Six.
The bitcoin rewards company has given away more than $3.5 million in rewards to date.