Bullish

Pokemon Card Market Hits $10B-$15B as Deadstock Launches Tokenization

08-11

Pokemon card market valued at $10B-$15B with $16.5M single sale record. Deadstock initiates tokenization to solve fragmentation, facing liquidity hurdles against eBay dominance.

Woofun AI data shows that the Pokemon trading card market is valued between $10 billion and $15 billion, driving significant retail demand at major chains. A Logan Paul Pikachu Illustrator card achieved a $16.5 million sale price, while eBay recorded $26.2 billion in card sales for 2025. This asset class has recently outperformed both the S&P 500 and Bitcoin in returns.

ATH Labs subsidiary Deadstock is implementing tokenization for high-value cards stored in vaults to mitigate fragmented trading and slow settlement speeds. The initiative confronts substantial liquidity constraints and must compete with the entrenched network effects of established platforms like eBay.

WOOFUN AI

Impact Assessment · Quick Read

Tokenizing a $10B-$15B physical asset class represents a significant expansion of RWA protocols beyond traditional finance. Deadstock's entry highlights the sector's drive to digitize illiquid collectibles, though success depends on overcoming deep liquidity fragmentation. If adoption scales, it could establish a new benchmark for alternative asset tokenization, potentially drawing capital away from traditional secondary markets.
Generated by WOOFUN AI · For reference only, not investment advice

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