Monday, March 14, 2022

Bored Ape Yacht Club NFT Prices Soar After Parent Yuga Labs Buy CryptoPunks, Meebits

Yuga Labs has acquired the intellectual property rights of 423 CryptoPunks NFTs as well as 1,711 pieces of Meebits NFTs from Larva Labs in a new deal. The amount of capital that sealed the deal remains undisclosed. Yuga Labs is the creator of the popular Bored Ape Yacht Club NFTs featuring cartoonised apes.

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