Yuga Labs Yuga Labs hits $4 billion valuation Bored Ape Yacht Club (BAYC) creator Yuga Labs, owner of the CryptoPunks and Meebits brands, has raised $450 million in its latest seed funding round, putting its value at $4 billion.
Bored Ape Yacht Club Bored Ape Yacht Club's Yuga Labs buys CryptoPunks intellectual property As part of this acquisition, Yuga Labs will own CryptoPunks and Meebits brands and logos, and will transfer IP, commercial, and exclusive licensing rights to individual NFT holders, as it did with its own BAYC collection.
CryptoPunks CryptoPunk #5822 sold for $23.7 million The 8,000 ETH sale breaks the previous CryptoPunk record.
Kraken Kraken NFT marketplace users to be able to use CryptoPunks as collateral Kraken is reportedly developing its own NFT marketplace, through which users can buy and sell many NFTs.
