Bored Ape Yacht Club Creator Snags $450M in Funding for $4B Valuation
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Venture capital firm Andreesen Horowitz (a16z) led the round Yuga Labs recently acquired the intellectual property rights to NFT collections CryptoPunks and Meebits from Larva Labs Yuga Labs has…
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Yuga Labs, the innovative company behind the Bored Ape Yacht Club (BAYC), has offloaded the CryptoPunks NFT collection from its portfolio. As reported by The Block, Yuga Labs offloaded the CryptoPunks to the Infinite Node Foundation (NODE), a nonprofit that focuses on protecting digital art. Benefits of Yuga Labs’ CryptoPunks…
The Securities and Exchange Commission (SEC) of the USA has officially closed the investigation on Yuga Labs, creator of the Bored Ape Yacht Club NFTs. The agency continues to backtrack with the crypto sector. The SEC closes the investigation against Yuga Labs of the Bored Ape Yacht Club (BAYC) NFTs…