Surgence Labs Partners With Deadstock Following $2.5M Seed Round

The firm is an on-chain platform for trading card liquidity, combining real, graded physical cards with verifiable ownership and a unified pricing reference. It is the first product on the ATH Labs liquidity layer for tokenized collectibles, and it runs on Arbitrum.

Cards move through procurement, grading, vaulting, and 1:1 tokenization, so each token on the platform corresponds to a specific physical card held in a vault rather than to a synthetic exposure.

Deadstock at a glance

The Japan Trading Card Center agreement gives Deadstock access to the sourcing and operational infrastructure behind japan-toreca.com, one of the largest online mystery pack services in Japan, covering Pokémon, Yu-Gi-Oh! and One Piece among other titles.

Founded in 2022 and headquartered in Dubai, Surgence Labs is a Web3 growth agency with offices in New York, Australia, South Korea, and Singapore. The company embeds senior specialists within client teams and measures performance through commercial and on-chain outcomes, including revenue, wallet growth, volume, and total value locked.

Surgence Labs congratulates the Deadstock team on closing the round. Case-study partners include Arbitrum, Binance, Polygon, Immutable, Jupiter Exchange, StandX, Falcon Finance, and ORBT Protocol.

The round funds liquidity infrastructure, and the harder half of a liquid market is rarely the plumbing. Deadstock has already solved custody and verification: cards are graded, vaulted, and tokenized one to one. What a liquid market also needs is buyers and sellers arriving in enough volume, on both sides, at the same time.

That problem changes shape on 16 September. Closed beta ran on grails, the scarcest graded cards, in front of an audience that had opted into a beta. Public beta opens alongside a Pokémon anniversary set, in front of collectors who came for the cards and who have no particular interest in which chain settles the trade.

Acquiring that second audience is a consumer growth problem wearing crypto infrastructure, and it is measured the way consumer businesses measure: sign-ups, first trades, repeat trades, and cards that actually change hands.

How much did Deadstock raise? US$2.5 million in a seed round, announced on 15 September 2026.

Who led the round? Bullish Capital, the venture arm of Bullish (NYSE: BLSH), alongside a select group of angel investors.

What is Deadstock? An on-chain platform for trading card liquidity that combines real, graded physical cards with verifiable ownership and a unified pricing reference. It is the first product on the ATH Labs liquidity layer for tokenized collectibles.

When does the public beta open? On 16 September 2026, alongside the Pokémon 30th Celebration Set. Closed beta closes the same day.

Which blockchain does Deadstock use? Arbitrum.

Surgence Labs is a crypto and Web3 go-to-market agency founded in 2022, headquartered in Dubai, with coverage across New York, Australia, South Korea, and Singapore. The company places specialists within client teams and reports against commercial and on-chain outcomes.

Deadstock is an on-chain platform for trading card liquidity, built on Arbitrum and operating as the first product on the ATH Labs liquidity layer for tokenized collectibles. The platform takes verified physical cards through procurement, grading, vaulting, and 1:1 tokenization.

Media Contact: Surgence Labs, ruthy@surgence.io