Solana Recruits Alex and Kristen Foxen for Its Poker Expansion

pessi-lamm
3 hours ago
Pessi Lamm 3 hours ago
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  • Alex and Kristen Foxen support Solana's push for crypto payments in live poker.
  • Solana enables WSOP tournament buy-ins and stablecoin payouts via the WSOP Live app.
  • Crypto offers speed and low fees but comes with volatility and limited acceptance.
Alex and Kristen Foxen team up with Solana to bring crypto payments closer to the live poker tables. (credit: Kristen Foxen (Instagram))
The poker industry has found another use for cryptocurrency, and Solana is bringing some familiar faces along for the ride. Poker's undisputed power couple, Alex Foxen and Kristen Foxen, have both signed up as ambassadors for the blockchain platform, which is working to make crypto payments a bigger part of live poker.

The announcements came separately on X, with both poker pros highlighting the difficulties of moving money around the world to play tournaments. For players regularly travelling between major stops, getting buy-in money from one country to another can be an annoying part of the job.

The Foxens are now lending their names to a project that aims to make at least some of that process easier.


Not Just a Sponsor but Official Payment Provider

Solana became an official sponsor of the 2026 World Series of Poker in Las Vegas and WSOP Paradise, but the more interesting part is what players can actually do with it.

Through the WSOP Live app, players can purchase tournament entries using cryptocurrency through a MoonPay integration. WSOP Paradise is also introducing stablecoin payouts for eligible winners.

This gives Solana a direct role in tournament payments, similar to LuxonPay, rather than simply putting its branding around the poker room.


Solana at the Poker Tables: The Good and the Bad

Solana has some obvious attractions for poker players, particularly those who regularly transfer funds internationally. However, using cryptocurrency still requires a bit of care.

Solana Pros and Cons

  • Speed: Solana transactions are generally fast, making deposits and wallet transfers convenient.
  • Low costs: Network fees are usually small compared with many traditional transfer options.
  • International access: Crypto offers another way to move money without relying entirely on international bank transfers.
  • Poker acceptance: CoinPoker and BCPoker support SOL deposits and withdrawals, while the WSOP has introduced crypto buy-ins.
  • Volatility: SOL can change value considerably, meaning your bankroll could shrink before you even reach the tables.
  • Transfer mistakes: Sending funds to an incorrect address or unsupported network can result in permanent losses.
  • Irreversible payments: Confirmed blockchain transactions generally cannot be cancelled.
  • Limited availability: SOL isn't accepted everywhere, so check the poker room's cashier before transferring funds.

Poker Can't Stay Away From Crypto Forever

The Foxens are on board, Solana has the WSOP partnership, and crypto is finding its way into live tournament payments. Let's be honest, this train isn't heading backwards.

Cryptocurrencies are here to stay, whether traditional finance likes it or not. Poker is an international business operating in an increasingly digital world. It was only a matter of time before the two became even more closely connected.

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