Tokenized platforms for trading physical Pokemon cards emerge

Tokenized platforms allowing users to trade ownership of physical Pokemon cards while keeping them in vaults are emerging in the trading card market, valued at up to 15000000000 dollars. Deadstock, a blockchain platform from ATH Labs, is testing this model on Arbitrum (ARB) by storing PSA 10 Pokemon cards in vaults and issuing one-to-one tokens for each card, enabling ownership transfers without moving the physical asset. House of Chimera noted that a significant portion of trading volume on these platforms comes from game-like card pack openings and instant-buy features rather than peer-to-peer sales between collectors. The key question remains whether these tokenized platforms can achieve liquidity and price discovery comparable to the existing market, as individual trading card sales on eBay alone reached 2620000000 dollars in 2025.

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