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Plushies Propel Pudgy Penguins from Bankruptcy Brink to $50M Revenue Surge

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Shared by Dario • August 12, 2025

In a remarkable turnaround, Pudgy Penguins, an NFT project once teetering on the edge of bankruptcy, has surged to an projected $50 million in annual revenue. This dramatic recovery is largely attributed to a strategic pivot into the physical toy market, spearheaded by CEO Luca Netz.