Thioether‐based acrylate block polymers are conveniently prepared via reversible addition–fragmentation chain‐transfer polymerization, and further combined with the merit of reversible metal–thioether coordination to fabricate a new type of “smart” thermoplastic materials. This metal/polymer hybrid architecture imparts extraordinary mechanical performance to the product materials, exhibiting an excellent ductility (breaking strain ≈ 1000%) as well as a relatively high breaking stress (1–5 MPa). Notably, it is facile to thermally process these materials into desired shapes (e.g., dog‐bone specimens, films, disks, etc.). Most importantly, these thermoplastic materials are endowed with the smart characteristic of being self‐healable under ambient conditions. To the authors' knowledge, it is the first report on thermally processable, self‐healing, and mechanically tough thermoplastic materials based on thioether polymers. These discoveries not only provide a pioneering route to design and construct self‐healing thermoplastics, but also elucidate the pathway toward a large portfolio of new hybrid materials built on the platform of organosulfur chemistry.