That Bored Apes company got a $4B valuation. Now they’re promising a metaverse
Mar23
It’s been a blockbuster month for Yuga Labs, the owner of the Bored Apes Yacht Club (BAYC) NFTs. First, it acquired two other popular NFT projects: Crypto Punks and Meebits. Second, it announced the listing of the ApeCoin token on leading exchanges. And last, but not least, the company raised $450 million from marquee investors like a16z crypto, web3 gaming company Animoca Brands, and FTX cryptocurrency exchange. Now, it’s valued at over $4 billion. With this latest funding the firm has announced its metaverse plans — as one does in web3. Now that Yuga Labs has popularity and money, it…
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