Bored Apes Owner Yuga Labs Raises $450M Led by A16z

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Bored Apes Owner Yuga Labs Raises $450M Led by A16z
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.boredapeyc creator yugalabs has raised $450 million to build out its NFT-based gaming metaverse in a funding round led by a16z. elitanjourno reports

Yuga Labs, the company behind the popular non-fungible token project Bored Ape Yacht Club, has raised a $450 million funding round led by Andreessen Horowitz.

The official announcement of the funding caps off what has been a monumental two weeks for Yuga Labs. The company acquired the intellectual property to rival blue chip NFT project CryptoPunks

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