Yuga Labs Acquisition: NFT Revolution Rise

Yuga Labs Acquisition: Yuga Labs Acquires PROOF and Expands its NFT Collections

Yuga Labs, the renowned creator of NFT collections like Bored Ape Yacht Club (BAYC) and TwelveFold, has made a significant move in the world of non-fungible tokens (NFTs) with its latest acquisition. The company has announced its acquisition of PROOF, a project dedicated to NFTs. This strategic move is in line with Yuga Labs’ ambition to establish itself as the leading gateway to the web3 ecosystem.