Webtoon (WBTN) Stock Soars 58% Following Disney Partnership and Equity Stake Announcement
Webtoon's WBTN token just pulled off a classic crypto moonshot—jumping 58% in hours after dropping the Disney bombshell.
The Magic Kingdom Meets Digital Comics
Disney isn't just buying equity—it's buying into the future of digital storytelling. The partnership signals major mainstream validation for Webtoon's blockchain-based content ecosystem.
Numbers Don't Lie—But Crypto Sometimes Does
That 58% surge isn't just hype—it's real trading volume. Though let's be real—in crypto, even a mouse whisper can trigger a 50% pump. Traditional investors would call it volatility—we call it Tuesday.
Where's This Rocket Headed Next?
With Disney's backing, Webtoon isn't just another altcoin—it's positioned at the intersection of entertainment and blockchain. Could this be the beginning of more media giants diving into tokenized ecosystems? Probably. Will it make early holders rich? Already did.
Another day, another deal—but this one's got Mickey Mouse money behind it. Just remember: what goes up 58% in a day can do… other things too. Welcome to crypto.
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Moreover, Disney has entered into a non-binding term sheet to buy a 2% equity stake in Webtoon Entertainment, subject to a definitive agreement and regulatory approval. Disney shares remain unchanged on the news. Webtoon is renowned for its vertical-scroll format, specifically designed for smartphone reading.
Here’s How the Partnership Will Work
The new comic platform will be built and operated by Webtoon and will expand on the Marvel Unlimited subscription service, which costs $10 per month and offers access to 30,000 comics. The platform will showcase Disney’s archived comics and current comic book runs in both traditional and vertical formats. Additionally, Disney+ subscribers will get access to a curated collection of comic titles at no extra cost through the Disney+ Perks program.
Backed by South Korea’s Naver Corp. and Japan’s SoftBank Group (SFTBY), Webtoon continues to leverage its strong global ties. Junkoo Kim, founder and CEO of Webtoon, said, “We’re giving new and longtime fans all over the world a new way to discover these legendary characters and stories.”
Disney Seeks to Expand its Comic Offerings to New Audiences
Commenting on the collaboration, Josh D’Amaro, Chairman of Disney Experiences, said, “Through our expanded relationship with Webtoon, the global leader in digital comics, we’re opening doors to new audiences and deepening fan engagement.”
The new platform will also target broad distribution, including the localization of select comics for Webtoon’s Korean and Japanese platforms. The news follows Disney’s announcement last month to bring nearly 100 classic comics and new online series to Webtoon’s platform, adapting them to its mobile vertical-scroll format.
Is Webtoon Stock a Buy, Hold, or Sell?
On TipRanks, Webtoon stock has a Moderate Buy consensus rating based on two Buys and three Hold ratings. The average Webtoon Entertainment price target of $15.70 implies nearly 5% upside potential from current levels. In the past three months alone, WBTN stock has surged over 70%.
