Twinkle Twinkle, Token Star: Pop Mart’s First Real NFT Move

If you’re into blockchain and Twinkle Twinkle, BIG news day for you. | Image via BlueX

⏰ Tue, Jul 22, 2025 @ 8:15 PM PST
🐟 Published from Seattle, WA, USA
🔨 Built by Chase Burns Broderick

The first sign that Pop Mart could be ready to make a more formal link into NFTs? Here.

Now there’s an even clearer sign that Pop Mart could be ready to make a more formal leap into NFTs. BlueX, a Web3 infrastructure platform, announced in a press release today that Pop Mart is in “strategic discussions” with BlueX to transform its blind‑box intellectual‑property characters (Labubu, Molly, Skullpanda, and friends) into on‑chain Real World Assets (RWAs).

The discussions cover digital IP‑rights, joint “Meme IP” creation, and the development of a new “RWA Blind Box” “issuance mechanism.” The release states “Twinkle Twinkle” will be the debut character for the project, and that “BlueX has already developed an on-chain Meme-style virtual character based on Twinkle Twinkle.”

“The collaboration between BlueX and POP MART has officially begun,” the release ends, teasing: “More information is expected to be released in the coming weeks.”

The full release from BlueX:

Thailand, 22nd Jul 2025 – According to official sources from BlueX, the Web3 infrastructure platform is currently in strategic discussions with collectible toy giant POP MART to explore the on-chain transformation of its iconic blind box IPs. The discussions center around introducing these beloved characters into the Web3 space as Real World Assets (RWAs), with a focus on collaborative expansion across Southeast Asia and beyond.

The collaboration scope reportedly includes — but is not limited to — digital IP rights confirmation, on-chain blind box transactions, joint Meme IP creation, and the design of a new “RWA Blind Box” issuance mechanism. The initiative will begin with POP MART’s well-known character “Twinkle Twinkle”, aiming to turn collectible toys into structured, tradable digital assets, and expand their use across the broader cultural-financial landscape.

“We believe collectible toys hold not only emotional value, but also asset value,” said a representative from BlueX. “Through on-chain authentication and asset modeling, the IP economy can evolve beyond collectibles into a new class of digital assets — gaining both financial and user engagement capabilities.”

POP MART’s “Twinkle Twinkle” to Lead the Leap On-Chain

“Twinkle Twinkle,” part of POP MART’s “Stellaroo” lineup, is a newly launched IP signed in 2024. Known for its soft and heartwarming design, the character has quickly risen to prominence in the designer toy world. Made up of tiny stars with rosy cheeks, “Twinkle Twinkle” embodies both childlike innocence and subtle adult emotion, telling stories of courage, longing, and love.

Inspired by starlight in darkness, the character is designed to offer a romantic fairytale world for adults who still dream. Since its debut, TwinkleTwinkle has become a major emotional icon for young collectors and remains a top-selling blind box IP.

As part of POP MART’s international strategy, the character frequently appears in Southeast Asian and Japanese retail spaces and brand collaborations. If realized, this partnership with BlueX would mark the character’s first entry into the Web3 space.

BlueX has already developed an on-chain Meme-style virtual character based on Twinkle Twinkle and is preparing to launch a series of interactive Web3 experiences to bridge fans of the IP with decentralized digital ecosystems.

Toy IP + RWA: Cultural Assets Enter the Chain

Today, RWAs represent one of Web3’s most compelling narratives. Unlike traditional RWAs such as real estate or bonds, BlueX is pushing the boundaries of what constitutes a “real-world asset” by experimenting with collectible IPs as tokenized cultural assets.

This approach enhances the liquidity and transparency of collectibles while opening new monetization models for IP owners. From on-chain rights confirmation and tiered asset structuring, to IP meme generation, NFT circulation, and financial composability, BlueX aims to build a multi-dimensional RWA framework where traditionally offline collectibles become “living” digital assets.

The collaboration between BlueX and POP MART has officially begun, with the first batch of co-branded visuals completed. More information is expected to be released in the coming weeks.