Bored Ape Yacht Club Creators Scoop Up CryptoPunks, Meebits
- Yuga Labs is buying many NFTs as well as brands and logos
- Yuga said it will transfer commercial rights to NFT holders
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Some of the world’s most famous non-fungible tokens are getting a new owner.
Yuga Labs, creators of the Bored Apes Yacht Club tokens that look like cute apes, has bought intellectual property of the CryptoPunks and Meebits collections from Larva Labs. It acquired 423 CryptoPunks and 1,711 Meebits. Terms of the deal weren’t disclosed.