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Coinbase Teases Pokémon Card Packs Backed by Physical Collectibles

Coinbase is teasing Pokémon card packs backed by physical collectibles, with buyers able to keep their pulls in a vault or have them shipped. The company has not set a launch date for the offering. The product would tie trading cards to a custody arrangement rather than a purely digital asset.

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AI take

This is a notable pivot in how crypto rails get applied: tokenization aimed at collectibles, not securities or currencies, with custody as the core hook rather than speculation. It matters most for collectors and platforms already experimenting with physical-backed assets, since Coinbase's distribution could push the model toward mainstream familiarity. The absence of a launch date leaves execution and vault mechanics unresolved — whether the physical-to-token link is credible enough for collectors is the open question.

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