Key Highlights

  • Solana-based Collector Crypt posted $22.77 million in trading volume, while Polygon-based Courtyard recorded $10.37 million, as the broader tokenized trading card market pushes toward a record.

  • Trading card real-world assets hit an $87 million market cap, with the sector having crossed $1 billion in total annual volume across platforms during 2025.

  • MemeStrategy launched the world's first tokenized Pokémon card fund for institutional investors, anchored by a PSA 10 Pikachu card that saw a 400% price increase on secondary markets.


The market for tokenized Pokémon TCG cards is approaching its highest trading levels on record, driven by a combination of institutional product launches, rising gacha platform spending, and a collectibles market that shows no sign of pricing fatigue. Weekly gacha pack spending across platforms recently hit $21.5 million, with the $CARDS token surging 38% in a single 24-hour window.


Collector Crypt, which launched on Solana in December 2024, has generated more than $70 million in cumulative revenue in roughly 16 months of operation. Courtyard, running on Polygon and expanding to BNB Smart Chain, closed a $37 million funding round that included a $30 million Series A in July 2025 and has been the primary vehicle for institutional-grade collectible onboarding. Both platforms allow holders to redeem physical cards against their on-chain tokens, a custody model that has helped separate the category from earlier NFT speculation.


The institutional tier got a clearer shape in March when Hong Kong-listed MemeStrategy launched a fund structured around tokenized Pokémon cards. The anchor position, a PSA 10 "Pikachu with Grey Felt Hat" card, rose 400% on secondary markets after the fund was announced. In February, Logan Paul's auction of a single Pokémon card set a record at $16.5 million, reinforcing the argument that blue-chip physical cards carry genuine store-of-value characteristics independent of the tokenization wrapper.


The broader collectible card games market is projected to reach $37.42 billion by 2034, up from a $14.7 billion baseline in 2025. Trading card RWAs remain a small slice of that, but the combination of physical redemption rights, institutional fund structures, and multi-chain liquidity is building infrastructure that earlier NFT markets lacked.