Yuga Labs Acquires NFT Startup PROOF, Expanding Artistic Portfolio and Ecosystem

Yuga Labs has acquired NFT startup PROOF, including its collections like Moonbirds and PROOF Collective, aiming to expand its Web3 ecosystem. The acquisition brings Moonbirds and other NFT collections into the Yuga Labs portfolio, enhancing its position in the NFT market and potentially enriching the Bored Apes Yacht Club Otherside Metaverse. Kevin Rose, CEO of PROOF, will transition into an advisory role as part of the acquisition.

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Yuga Labs Acquires NFT Startup PROOF, Expanding Artistic Portfolio and Ecosystem

Yuga Labs has acquired NFT startup PROOF, including its collections like Moonbirds and PROOF Collective, aiming to expand its Web3 ecosystem. The acquisition brings PROOF’s team and artistic portfolio into Yuga’s fold, with CEO Daniel Alegre expressing excitement about the merger. Moonbirds and other NFT collections will now be part of the Yuga Labs banner, potentially enriching the Bored Apes Yacht Club Otherside Metaverse.

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