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With a loss of $360 million in Q2, Coinbase is betting on Pokémon physical cards to go online
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According to Woofun AI, the Coinbase (COIN.US) crossover teaser is about to launch Pokémon card packs. The core mechanism is that digital cards correspond to real physical cards. This feature has already been revealed on the X platform, indicating that the crypto giant is trying to reshape the collection experience through the digitization of physical assets.

According to data compiled by Woofun AI, the teaser shows five Pokemon-themed card packs, numbered 01 to 05. The colors include blue, silver, copper, gold, and black. These visual tiers may suggest an unconfirmed pricing system. Users can choose to have the card hosted by a third party agency or directly sent home. When asked if it is an “on-chain Pokémon card package,” Coinbase responded “you know,” implying that blockchain technology was involved but the specific blockchain platform was not specified, and that Pokémon's licensing status was unknown.

Notably, GameStop (GME.US) has long sold digital Pokémon card packs with a PSA rating system to support hosting, sale, or delivery, which indicates that this model is not the first of its kind.

There was a significant inflow of funds for collectible items this year. The growth rate of Pokémon card market capitalization in August even surpassed the performance of Bitcoin and the S&P 500 index within three months. Polymarket also launched a Pokémon card price prediction market for traders to bet on. Coinbase responded by calling itself an 'everything exchange', with the intention of undertaking more transactions to break through the limitations of traditional transaction fees. After all, the company had a net loss of US$359.5 million in the second quarter, in urgent need of disruptive innovation, and promised more surprises. Subscribe to our YouTube channel for in-depth analysis.

However, key information such as cost, applicable country, and card value determination method is still missing. Whether collectors are willing to entrust their collections to this trading platform after the official launch will be the ultimate test of their trust.


Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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