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PAYCLE Inc. (Headquarters: Fukuoka City; CEO: Masashi Murakami; hereinafter "PAYCLE"), the developer of "UPCX"—a high-speed blockchain optimized for payment and financial services—announces the signing of a Memorandum of Understanding (MoU) regarding a capital and business alliance in the trading card sector. This tripartite agreement was concluded on November 17, 2025, between PAYCLE, fantasista Inc. (Headquarters: Minato-ku, Tokyo; President: Daichi Tano; TSE Standard: 1783; hereinafter "fantasista"), and YAMAKOMA ASSET BANK (Headquarters: Osaka City; CEO: Yuji Yamaguchi; hereinafter "YAB").

Background of the Partnership

On November 6, 2025, PAYCLE entered into a business alliance with fantasista to promote the development of new services utilizing blockchain technology.
With the addition of YAB—a company boasting top-tier performance in the domestic high-end trading card market—this alliance seeks to leverage the unique strengths of all three parties. The objective is to create a new market in the Real World Asset (RWA) field by fusing digital technology with physical assets.
As the first initiative under this agreement, PAYCLE will apply its blockchain expertise and payment-related technologies to the vintage card trading market, where YAB holds a competitive advantage. This collaboration aims to establish a new marketplace connecting investors and collectors worldwide.

Details of the Alliance

PAYCLE、YAMAKOMA ASSET BANK、fantasista の3社がトレーディングカード事業で連携する関係図

＜業務提携について＞

(1) Planning, development, and sale of trading cards and RWA-related products.
(2) Design and operation of new services utilizing UPCX tokens and NFTs.
(3) Joint marketing and sales channel expansion in domestic and international markets.
(4) Construction of a digital membership system.
(5) Other operations as mutually agreed upon by the three parties.

＜資本提携について＞

The companies will continue to evaluate several schemes, including the establishment of a new joint venture, the creation of mutual capital relationships through third-party allotment of shares, or the acquisition of issued shares to establish subsidiary relationships.

Comments from Representatives

Masashi Murakami, CEO, PAYCLE Inc.

"We are delighted to leverage our UPCX blockchain technology in the trading card market through this tripartite alliance with fantasista and YAB. The RWA sector, which merges the digital and physical worlds, is one of the most promising areas for the social implementation of blockchain. By pooling our collective strengths, we will co-create services that are competitive on a global scale."

Daichi Tano, President, fantasista Inc.

"By combining PAYCLE’s blockchain technology with YAB’s specialized expertise in the trading card market, we believe we can provide services with unprecedented value. We aim to enhance the corporate value of all three companies by building new business models within the RWA field."

Yuji Yamaguchi, CEO, YAMAKOMA ASSET BANK

"Utilizing blockchain technology in the vintage card market is significantly meaningful for improving industry transparency and expanding the market. By collaborating with PAYCLE’s advanced technical capabilities and fantasista’s business execution power, we look forward to creating a new trading market with global competitiveness."

Future Outlook

PAYCLE will work in close coordination with fantasista and YAB to accelerate the joint development of services in the trading card sector using UPCX blockchain technology. Moving forward, the companies intend to expand these services to global markets and promote the social implementation of blockchain in the RWA sector, striving to enhance the corporate value of all three parties.

Company Information

About PAYCLE Inc.

・Company Name: PAYCLE Inc.
・Location: 15F Tenjin Business Center, 1-10-20 Tenjin, Chuo-ku, Fukuoka City, Fukuoka
・Representative: Masashi Murakami, CEO
・Established: June 2018
・URL：https://www.paycle.com

About fantasista Inc.

・Company Name: fantasista Inc.
・Location: 27F Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo
・Representative: Daichi Tano, President
・Exchange: Tokyo Stock Exchange Standard Market (Ticker: 1783)
・Established: August 1950
・Business: Real Estate, Clean Energy, Healthcare, Hotel Business, Real Estate DX
・URL：https://fantasista-tokyo.jp

About YAMAKOMA ASSET BANK

・Company Name: YAMAKOMA ASSET BANK
・Location: 3-1-18 Kujominami, Nishi-ku, Osaka City, Osaka
・Representative: Yuji Yamaguchi, CEO
・Established: March 2022
・Business: Trading card sales and purchase, Operation of "Vintage Card Japan (VCJ)" investment business
・URL：https://yamakoma-asset-bank.com

VALUABLE CARD TOKYO、VINTAGE CARD JAPAN、ADRENALINE のロゴ画像

*The collaborations and other matters described in this press release are forward-looking statements based on current expectations and are subject to change in the future.
*This press release is not intended to constitute, and should not be construed as, an offer, solicitation, or recommendation to invest in or engage in any trading activity.