
Exploring the Growth of RWA in Thailand: How Ready Is the Market?
How Ready Is Thailand’s Market for a $30Billion+ On-Chain RWA Economy? Thailand’s digital asset market throughout 2025 and into early
The on-chain card pulling trend is making a strong comeback. Trading cards from popular films and anime series like One Piece and Pokémon are drawing intense interest, so much so that a Pikachu Illustrator card was recently sold through Goldin Auctions for $16.5 million in February 2026, up from $5.275 million in 2021. The broader trading card market is on track to reach a value of $16.9 billion by 2035.
But what deserves more attention than rising card prices is the fact that these card pulls are now happening on-chain, and the trading of collectibles is migrating onto the blockchain.
Beezie, a platform for digital collectibles, is one of the clearest examples that blockchain-based collectibles are not just a concept, they are a functioning business. The platform takes physical collectibles and converts them into digital assets, whether graded cards certified by PSA, BGS, or CGC, sneakers, or sealed products. Every item is stored in institutional-grade secure vaults, with owners able to redeem physical items anywhere in the world.
Beezie’s flagship feature is the Claw Machine, a 24/7 on-chain collectible pulling system where players pay between $30 and $500 per pull for curated inventory with transparent, on-chain verifiable odds. Alongside it is the SWAP system, which allows users to sell back any pull for up to 90% of market value within a 15-minute window.
The results speak for themselves: over $142 million in annual recurring revenue, more than 540,000 pulls processed, and over $100 million in trading volume on the Base network. Most recently, Beezie announced its expansion to Solana, where tokenized trading card volume has exceeded $150 million over the past year.
What Beezie demonstrates is that when collectibles are properly tokenized, ownership becomes real, liquidity becomes instant, and even those who have never touched crypto can participate. Tokenization addresses these challenges directly, ownership is recorded on a publicly verifiable blockchain, authenticity is confirmed through trusted institutions, and liquidity is available immediately without needing to find a buyer.
The resurgence of collectibles and on-chain card pulling is a signal that people are ready to assign serious value to what they collect, and that connects directly to the broader movement of converting real-world assets into digital ones. Tokenization is the logical next step because it solves the problems this market has always had, around trust, liquidity, and global accessibility, just as Beezie has demonstrated by moving to Solana with liquidity as its core priority.
And collectible cards are just one piece of a much larger picture. Across the world, other asset classes are entering the same path. Music IP and song royalties are beginning to be tokenized, allowing investors to directly hold rights to future music revenue. Luxury goods are another frontier; Beezie itself has announced plans to expand into this category as its next asset class. These signals collectively suggest that tokenization is not stopping at cards or gold. It is expanding toward everything that holds value and can have its ownership verified.
SIX Network has recognized this signal from the beginning, which is why we have built infrastructure designed to support a wide range of asset types, not just a single asset class.
Pokémon cards have outperformed the S&P 500 by 3,000% over the past 20 years. Sealed vintage collectibles have grown at a compound annual rate of 22% over 25 years. Gen Z drives 56% of all spending in this market.
The collectibles market as a whole is valued at over $496 billion and continues to grow. Yet the most persistent problem in this space remains a lack of transparency in trading, risks from counterfeiting, and verification processes that still depend on personal trust rather than systems. Imagine if there were a process as transparent, verifiable, and trustworthy as the NFT market at its peak, on-chain card trading would become significantly safer and more accessible. That is the gap Tokenization is stepping in to fill.
As the collectibles trading trend has returned in force, we took a close look at the market landscape and found that what Beezie is proving on a global scale is something SIX Network had already put into practice in the Thai market.
The Bangkok Boy Series is a blockchain-based collectible card project built on SIX Protocol. Each card was converted into a digital asset with genuine on-chain ownership, not simply an image sitting on someone’s server.
The NFT Treasure Hunt at Techsauce Global Summit is another example showing that NFTs do not have to be artwork. They can be collectibles tied to real achievements and real experiences in physical spaces. The same is true of NFT Ticketing at ESL, which transformed event passes into digital collectibles with value in their own right.
All of this is powered by Pas.ss, the on-chain infrastructure of SIX Protocol that makes both digital collectibles and achievement-based NFTs possible at a consumer level, without users needing to know they are using a blockchain at all. While Pas.ss carries a different meaning from traditional collectible cards, the underlying structure and the philosophy of digital ownership remain the same.
Source: Beezie
Stay with us to see how the on-chain card pulling and collectibles trend continues to evolve. Follow SIX Network across all channels for updates.
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1.This article is intended for informational purposes only. Please conduct your own research before making any investment decisions related to cryptocurrencies 2. Cryptocurrency and digital token involve high risk; investors may lose all investment money and should study information carefully and make investments according to their own risk profile.
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