Kevin O'Leary Weighs Tokenizing $11M Ohtani Card After Avalanche Summit

Kevin O'Leary unveiled an 11 million one-of-one Shohei Ohtani trading card at Avalanche Summit and is now exploring tokenizing the asset, according to avax, which highlighted the plan on Sept. 25, 2026.

The Avalanche network's official account shared remarks from kevinolearytv, the investor and "Shark Tank" personality, breaking down why collectibles are a natural fit for tokenization. The card — described as a one-of-one — carries an 11 million valuation, placing it among the higher-profile sports memorabilia assets to be publicly floated as a tokenization candidate.

No timeline, platform, or deal terms were disclosed. O'Leary headlined Avalanche Summit New York earlier in September, an event that drew institutional names including BlackRock and Apollo to its speaker roster.

Why collectibles

O'Leary's argument centers on the characteristics that make memorabilia a candidate for onchain representation: unique, verifiable physical assets with established appraisal markets and thin, illiquid trading venues. Tokenization has become a recurring theme at Avalanche events, appearing alongside institutional announcements around tokenized funds, regulated custody rails, and real-world asset lending markets.

The Ohtani card discussion remains at the concept stage based on what has been shared publicly. Whether O'Leary's card is ultimately tokenized, and on which venue, has not been confirmed by him or by Avalanche.

What to watch

Observers will be looking for a named platform, a legal structure for custody of the physical card, and any issuance timeline. If it proceeds, the effort would test how high-value, single-item sports assets — rather than diversified funds — perform in tokenized form.