Crypto Companies Eye Multibillion-Dollar Pokémon Card Market

Pokémon cards have become a multibillion-dollar asset class, and cryptocurrency companies are now looking to take a piece of the action. The rise of Pokémon Trading Card Game (PTCG) has led to a surge in demand for rare cards, with prices skyrocketing to tens of thousands of dollars.

Crypto companies see an opportunity to tap into this market by creating digital versions of these valuable cards. This would allow collectors and enthusiasts to buy, sell, and trade Pokémon cards securely and efficiently using blockchain technology.

Bullish, a global digital asset platform, owns CoinDesk and has invested in digital asset businesses and assets, including cryptocurrency companies that may receive equity-based compensation for their employees, including journalists. Some experts warn that the integration of cryptocurrency with collectibles could lead to market volatility and potential scams.