One of the most prized NFT collections out there is the CryptoPunks series. It was founded in 2017 by Larva Labs, who also created Meebits, an extremely valuable collection in its own right. Now, the good folks behind Yuga Labs – who created Bored Ape Yacht Club, has announced the acquisition of both collections, which means that they now own 3 of the most valuable NFT collections in the world!
The amount of the acquisition has yet to be revealed, but it’s going to be interesting watching how these collections develop under new leadership.
Photo: Yuga Labs