Baseball card industry and emerging NFT market converge to give Topps a boost in new merger

The last you heard from us, we told you that Topps was about to go public through a new SPAC deal that would see the company venturing into the NFT market.

Now according to CNBC, the baseball card market is now booming more than ever. "Topps’ revenue in 2020 climbed 23% to $567 million, and the company is projecting sales growth of 22% this year followed by 12% expansion in 2022"

When you combine that with the emerging NFT market, ie NFTs being a form of investment in this new digital space, both Topps (and the sports card market) is projected to really take off.

You can read the full article on CNBC here:

https://www.cnbc.com/2021/04/11/baseball-cards-collides-with-nfts-and-spacs.html