US SEC Probes Yuga Labs to Determine If Bored Ape NFTs Are Securities
[ad_1] The United States Securities and Exchange Commission (SEC) has reportedly launched an investigation into Yuga Labs Inc., to determine whether the firm’s Bored Ape Yacht Club (BAYC) non-fungible tokens (NFT) are securities. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new...
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ApeCoin Climbs 22% After Snoop Dogg-Eminem Bored Ape Video Launch
[ad_1] ApeCoin (APE), the native Ethereum currency of the famous NFT collection, is one of the fastest-growing NFT and Metaverse crypto projects in the blockchain ecosystem today. Upon its March 18, 2022 launch, ApeCoin instantly began a parabolic climb. The rally’s apex allowed Apecoin’s market capitalization to reach $7.45 billion....
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Reports Bored Ape creator in talks with A16z: Potential valuation $5B
[ad_1] Silicon Valley tech VC Andreessen Horowitz (A16z) is reportedly eying an investment in Bored Ape Yacht Club creator Yuga Labs, with a reported valuation as high as $5 billion. Sources for the Financial Times revealed that Yuga Labs is seeking funding for a multi-million dollar piece of the...
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