Yuga Labs, developers of the prominent non-fungible token collection (NFT) collection Bored Ape Yacht Club (BAYC), has announced the acquisition of rival NFT company PROOF. This transaction is understood to grant Yuga Labs full ownership of all PROOF’s assets and products, including the Moonbirds NFT collection.
Total crypto market cap valued at $1.894 trillion on the daily chart | Source: TOTAL chart on Tradingview.com
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Author: Semilore Faleti
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