In Brief:
- Eight months on from the opening of its beta, Renaiss says platform revenue has climbed past $25 million.
- Back in June, the company put revenue above $20 million and its user base beyond 260,000, the same month it closed a $1.5 million round led by YZi Labs.
- PSA-graded trading cards sit in third-party vaults and are mirrored on BNB Chain, with independent vaults and card shops acting as on-chain verification nodes.
Platform revenue at Renaiss has now cleared the $25 million mark, the collectibles protocol said, eight months on from the launch of its beta.
“Eight months since launch, Renaiss has surpassed $25M in platform revenue,” the company said in a post on X. “A meaningful milestone. And the starting point for what comes next.”
Eight months since launch, Renaiss has surpassed $25M in platform revenue.
A meaningful milestone. And the starting point for what comes next.
We are building infrastructure that makes physical collectibles more verifiable, accessible, and liquid.
From third-party custodyRenaiss.xyzView on X ↗
The figure marks an increase on the more than $20 million the company disclosed in June, around the halfway point of that eight-month stretch. At the time it also claimed upwards of 260,000 users, with the bulk of activity coming out of South Korea, Taiwan, Japan and Southeast Asia. This time, no refreshed user count was attached to the revenue update. All of the numbers come from the company itself and have not been independently audited.
Renaiss used the same post to reiterate its pitch: “We are building infrastructure that makes physical collectibles more verifiable, accessible, and liquid.”
How the custody layer works
Underpinning the platform is RenaissOS — referred to as Vault OS in earlier company materials — which converts independent vaults and card shops into on-chain verification nodes. Cryptographic multi-signature co-signing means custody never rests with a single party, and anyone can independently check an asset’s custody status.
The launch category is PSA-graded Pokemon cards. Every card corresponds 1:1 to an ERC-721 token on BNB Smart Chain, while the physical collectible remains with an institutional custodian — ownership can therefore transfer without the card itself going anywhere. Trading and ownership are handled at the application layer by Renaiss.xyz.
Merkle proofs and zero-knowledge validation are used to seal packs, which according to the company allows pulls to be verified on-chain.
The money behind it
A first funding round on June 18 brought in $1.5 million, led by YZi Labs. Gate Ventures, Hash Global, XIN Family and Redline Labs also took part, alongside angel investors drawn from Mask Network, Far East Group, Logoman, Hoopi and Legit App.
According to the company, the capital is earmarked for expanding the vault network, broadening the range of collectible categories, the Renaiss SDK, DeFi integrations and AI agent infrastructure. Its Trustless Leverage Engine, meanwhile, is intended to sharpen capital efficiency as a growing pool of verified, vault-backed supply moves on-chain. Privy’s wallet infrastructure has additionally been folded into the Renaiss ecosystem to handle cross-chain asset management.
Winchman, the founder and CEO, uses a pseudonym in public and has fronted the project during a BNB Chain AMA at the open beta launch and at Consensus.
Eight months of numbers
Trading cards were the focus when the beta went live in November 2025. Inside three months, cumulative platform volume had crossed $3 million, while a 24-hour Gacha V2 beta generated over $700,000 in trading volume on its own.
Total trading volume across Renaiss Protocol had moved past $10 million by April 28. Of that, more than $5.68 million landed in the previous 30 days alone — month-over-month growth of roughly 131.5%.
February saw Renaiss exhibit physical collectibles valued by the company at more than $15 million at Consensus Hong Kong. Each Pokemon card shown there had been authenticated, verified, placed into custody and taken on-chain via Vault OS, with grading results, custody entities and asset status data recorded in the contract layer.
December 2025 brought a win at Binance Blockchain Week Dubai Demo Night, and in May the project graduated from EASY Residency Season 3, an incubation program backed by YZi Labs.
Its debut Pikasso card pack, limited to 2,000 units, was gone in 22 minutes.