Arthur Hayes Family Office: CARDS Summer-End Target Price Set at $4

Odaily Arthur Hayes' family office Maelstrom has released a research report on CARDS (Collector Crypt), setting its summer-end target price at $4.

The report shows that Collector Crypt is experiencing rapid growth through its tokenized trading card business. In May, the annualized profit was approximately $54 million, while the annualized total revenue for June is expected to reach $2.4 billion, corresponding to an annualized profit of about $109 million.

According to the introduction, Collector Crypt operates on a digital gacha (card pack opening) model, bulk purchasing physical trading cards at a discount and completing on-chain tokenization. Cards obtained by users from opening packs can be sold back to the platform immediately at approximately 85% to 93% of the market price. The platform earns a comprehensive profit margin of around 4.5% from the spread between the purchase discount and the buyback price.

According to GMGN market data, CARDS is currently trading at $0.2674, with a market cap of approximately $535 million and a 24-hour increase of 3.56%.