Coinbase is preparing a smartphone-based Pokémon trading-card service in which each digital pack opening would correspond to a physical card. Users would be able to keep pulled cards in vault storage or have them shipped home. Coinbase teased the product on September 28 and later confirmed its Pokémon connection in an X reply, but has not announced a launch date, prices, pull odds, fees, markets, custody provider, grading standards, resale options or a licensing agreement with The Pokémon Company. The initiative forms part of Coinbase’s Everything Exchange strategy to expand beyond conventional cryptocurrency trading. Its proposed model resembles services from Courtyard, GameStop and Phygitals, though Coinbase has not said whether it will use blockchain-based ownership records or NFTs.