Bored Ape Yacht Club creator raises $450 million to build an NFT metaverse - The Verge

Yuga Labs has raised $450 million in seed funding at a $4 billion valuation. The NFT company behind Bored Ape Yacht Club (BAYC), CryptoPunks, and Meebits plans to make its own MMORPG metaverse. Andreessen Horowitz (a16z) led the round.

The funding values Yuga Labs at $4 billion Illustration by Alex Castro / The Verge Yuga Labs, the owner of three of the biggest NFT brands on the market, has raised $450 million in funding at a $4 … [+4351 chars]

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