Apes Empire is growing: Yuga Labs raises $450 million
Yuga Labs has raised $450 million at a $4 billion valuation. In an investment round led by A16Z.
The list of participants also included Animoca Brands, LionTree, Sound Ventures, Thrive Capital, FTX, MoonPay, and others. The Yuga Labs company plans to spend the new funds on the development of new products, in particular on the Otherside metaverse.
Yuga Labs was created by the team of famous NFT-collection “Bored Ape Yacht Club”.