Vystar Corporation has submitted a binding letter of intent to acquire a stake in GoPaid.com LLC and partner with Capital R3alm to launch innovative blockchain-based collectible solutions.

Target Overview

Vystar Corporation (OTCQB: VYST), based in Worcester, Massachusetts, is an innovative company focused on eco-friendly products and the monetization of collectibles. The company has announced a binding Letter of Intent (LOI) to acquire an equity stake in GoPaid.com LLC, a platform dedicated to sourcing, archiving, and monetizing high-value memorabilia. The acquisition will not only involve an equity stake in GoPaid but will also include partial ownership of GoPaid's proprietary cryptocurrency, positioned to enhance collaboration in the collectibles market.

Industry Overview in the United States

The U.S. collectibles market, which encompasses fine art, sports memorabilia, luxury goods, and NFTs, is anticipated to witness substantial growth, projected to expand from approximately $464 billion in 2025 to over $900 billion by 2035. This growth is largely driven by advancements in technology that enable effective sourcing and monetization of collectibles.

In particular, the integration of tokenization and blockchain technology is expected to transform the market landscape, providing increased liquidity, transparency, and