Panini America has opened a blockchain bridge that allows holders of its digital trading cards to move assets from the Panini Blockchain to the Ethereum network, with OpenSea named as the exclusive on-chain marketplace for the cards.
Panini America has opened a blockchain bridge that allows holders of its digital trading cards to move assets from the Panini Blockchain to the Ethereum network, with OpenSea named as the exclusive on-chain marketplace for the cards.
The bridge handles digital card transfers only. Unopened digital packs are not eligible for transfer outside Panini's own platform. Cards that move to Ethereum appear on OpenSea with a verified checkmark and carry their full transaction history from the Panini Blockchain. The system also allows users to return assets from self-custody wallets back to Panini's platform, where they can participate in events and sell on the Panini Marketplace.
The Bad Egg set will be the first collection eligible to cross the bridge, with sports sets following. Panini did not specify a timeline for when all card sets would gain bridge access.
Oliver Maroney, head of partnerships at OpenSea, described the integration as a natural step for the trading card category. "Bringing officially licensed cards onchain is a natural evolution for the category," Maroney said.
Panini's digital card business has been growing on its own blockchain since launching its platform, which has reached $5 million in monthly trading volume. The bridge to Ethereum and OpenSea gives collectors the option to hold cards in their own wallets and trade on secondary markets outside Panini's ecosystem, a feature that digital card collectors have requested for some time.
The bridge opens for business on Monday, with the initial rollout limited to the Bad Egg collection before expanding to Panini's sports card inventory.