In Brief:
- Renaiss said it has surpassed $25 million in platform revenue eight months after opening its beta.
- The company reported more than $20 million in revenue and over 260,000 users in June, when it raised $1.5 million in a round led by YZi Labs.
- Renaiss holds PSA-graded trading cards in third-party vaults and mirrors them on BNB Chain, turning independent vaults and card shops into on-chain verification nodes.
Renaiss said platform revenue has passed $25 million, eight months after the collectibles protocol opened 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 ↗
That’s up from the more than $20 million Renaiss reported in June at roughly the six-month mark. It counted more than 260,000 users then, with activity concentrated in South Korea, Taiwan, Japan and Southeast Asia. No updated user figure accompanied the revenue number. The figures are company-reported and haven’t been independently audited.
In the same post, Renaiss restated what it’s building: “We are building infrastructure that makes physical collectibles more verifiable, accessible, and liquid.”
How the custody layer works
The stack runs on RenaissOS, called Vault OS in earlier company materials, which turns independent vaults and card shops into on-chain verification nodes. Assets are co-signed through cryptographic multi-signature, so no single party controls a card and custody status can be checked independently.
PSA-graded Pokemon cards are the first category. Each card maps 1:1 to an ERC-721 token on BNB Smart Chain while the physical item stays with an institutional custodian, so ownership can change hands without the card moving. Renaiss.xyz is the application layer for trading and ownership.
Packs are sealed using Merkle proofs and zero-knowledge validation, which the company says makes pulls verifiable on-chain.
The money behind it
Renaiss raised $1.5 million on June 18 in a first round led by YZi Labs, with participation from Gate Ventures, Hash Global, XIN Family and Redline Labs, plus angels from Mask Network, Far East Group, Logoman, Hoopi and Legit App.
The company said the money goes toward scaling its vault network, adding collectible categories, the Renaiss SDK, DeFi integrations and AI agent infrastructure. Its Trustless Leverage Engine is designed to improve capital efficiency as more verified, vault-backed supply moves on-chain. Renaiss has also integrated Privy’s wallet infrastructure into its ecosystem for cross-chain asset management.
Founder and CEO Winchman, who goes by a pseudonym publicly, has represented the project in a BNB Chain AMA at the open beta launch and at Consensus.
Eight months of numbers
The beta opened in November 2025 with trading cards. Cumulative platform volume passed $3 million within three months, and a 24-hour Gacha V2 beta did more than $700,000 in trading volume.
By April 28, total trading volume on Renaiss Protocol had passed $10 million. More than $5.68 million of that came in the preceding 30 days, roughly 131.5% growth month over month.
At Consensus Hong Kong in February, Renaiss exhibited physical collectibles it valued at more than $15 million. Every Pokemon card on display had been authenticated, verified, placed into custody and brought on-chain through Vault OS, with grading results, custody entities and asset status data written into the contract layer.
The project won at Binance Blockchain Week Dubai Demo Night in December 2025 and graduated from EASY Residency Season 3, a YZi Labs-backed incubation program, in May.
Its first Pikasso card pack, capped at 2,000 units, sold out in 22 minutes.
