# Yuga Labs

> Company behind Bored Ape Yacht Club, Mutant Ape Yacht Club and the Otherside metaverse, started in 2021 by Greg Solano and Wylie Aronow.

- Page: https://www.gondi.xyz/artist/yuga-labs
- Works on GONDI: 180,977
- Collectors: 32,037
- About page: https://www.gondi.xyz/artist/yuga-labs/about

## About

Yuga Labs started in 2021 when four friends decided to make an NFT. Greg Solano and Wylie Aronow, known as Gargamel and Gordon Goner, brought in two coders, No Sass and Emperor Tomato Ketchup, for the smart contracts. Their first release, [*Bored Ape Yacht Club*](https://www.gondi.xyz/collections/boredapeyachtclub.md), came out on Ethereum in April 2021: 10,000 cartoon apes, each also a membership card for a private club. BuzzFeed News published Solano's and Aronow's names in February 2022.

A companion set of dogs, [*Bored Ape Kennel Club*](https://www.gondi.xyz/collections/bored-ape-kennel-club.md), followed. In August 2021 the company sent ape holders vials of mutant serum and sold 10,000 more apes to the public, which together make up [*Mutant Ape Yacht Club*](https://www.gondi.xyz/collections/mutant-ape-yacht-club.md).

In March 2022 Yuga bought the CryptoPunks and Meebits IP from Larva Labs, adopted ApeCoin, a token issued by the separate ApeCoin DAO, as its main currency, and closed a funding round led by Andreessen Horowitz. In April it sold land deeds for Otherside, its metaverse game. They now trade as [*Otherdeed Expanded*](https://www.gondi.xyz/collections/otherdeed-expanded.md) beside the [*Kodas*](https://www.gondi.xyz/collections/otherside-koda.md). Later it bought WENEW, the studio behind 10KTF, launched the Dookey Dash game and the [*HV-MTL*](https://www.gondi.xyz/collections/hv-mtl.md) mechs, put *TwelveFold* on Bitcoin and signed a multi-year deal with Gucci.

From 2024 the company narrowed its focus. It sold HV-MTL and Legends of the Mara to the studio Faraway, then the Meebits IP to MeebCo and the CryptoPunks IP to the Infinite Node Foundation in 2025. Moonbirds, bought with PROOF in 2024, went to Orange Cap Games. In March 2025 Yuga said the SEC had closed the inquiry it opened in 2022. Nicole Muniz ran the company until Daniel Alegre, formerly of Activision Blizzard, was named CEO in December 2022. Solano returned as CEO in February 2024, and in April 2026 he became chairman, handing the role to chief product officer Michael Figge.

## At a glance

- Practice: PFP collections, games and the Otherside metaverse
- Based in: Miami, FL
- Founded: 2021
- Members: Greg Solano, Wylie Aronow, No Sass, Emperor Tomato Ketchup

## Notable works

- 2021: [Bored Ape Yacht Club](https://www.gondi.xyz/collections/boredapeyachtclub.md), Yuga Labs
- 2021: [Mutant Ape Yacht Club](https://www.gondi.xyz/collections/mutant-ape-yacht-club.md), Yuga Labs
- 2023: [TwelveFold](https://decrypt.co/122836/yuga-twelvefold-bitcoin-nft-auction-raises-16-million), Yuga Labs
- 2023: [Kodas](https://www.gondi.xyz/collections/otherside-koda.md), Yuga Labs
- 2022: [Otherdeed for Otherside](https://www.gondi.xyz/collections/otherdeed-expanded.md), Yuga Labs

## Top sales

- 2021: [101 Bored Apes in one lot](https://www.sothebys.com/en/buy/auction/2021/ape-in/101-bored-ape-yacht-club), Sotheby's, New York, $24.39M
- 2021: [Bored Ape #8817](https://www.gondi.xyz/collections/boredapeyachtclub/8817.md), Sotheby's, $3.41M
- 2021: [Bored Ape #3749, bought by The Sandbox](https://www.gondi.xyz/collections/boredapeyachtclub/3749.md), 740 ETH ($2.91M)
- 2022: [Bored Ape #232](https://www.gondi.xyz/collections/boredapeyachtclub/232.md), 1,080.69 ETH ($2.81M)
- 2021: [Bored Ape #8585](https://www.gondi.xyz/collections/boredapeyachtclub/8585.md), 696.969 ETH ($2.70M)
- 2021: [Bored Ape #2087](https://www.gondi.xyz/collections/boredapeyachtclub/2087.md), 769 ETH ($2.31M)

## Recognition

- 2023: [No. 2 in NFTs on the first Fortune Crypto 40](https://fortune.com/ranking/crypto/2023/yuga-labs/), Fortune
- 2022: [Bored Ape Yacht Club: Most Innovative NFT Project, Best NFT Business Model and two volume awards, NFT Awards](https://www.theartnewspaper.com/2022/06/22/nft-nyc-awards-beeple-bored-apes-takashi-murakami), NFT.NYC, New York

## Collaborations

- 2023: [Multi-year partnership for Otherside and 10KTF](https://decrypt.co/124632/gucci-metaverse-yuga-labs-bored-apes), Gucci
- 2022: [Otherside metaverse, launched with Animoca Brands](https://en.wikipedia.org/wiki/Bored_Ape_Yacht_Club), Animoca Brands
- 2021: [Into the Metaverse, with Bored Ape #8774 as Indigo Herz, gmoney and Punks Comic](https://decrypt.co/87467/adidas-metaverse-bored-ape-yacht-club-ethereum-nft), adidas Originals
- 2021: [Bored Ape magazine covers released as NFTs](https://en.wikipedia.org/wiki/Bored_Ape_Yacht_Club), Rolling Stone

## Press & resources

- 2026: [Bored Apes-creator Yuga Labs taps new CEO as Greg Solano moves to chairman role](https://www.theblock.co/post/397818/bored-apes-creator-yuga-labs-taps-new-ceo-greg-solano-chairman), The Block
- 2025: [CryptoPunks Have New Home as Nonprofit Acquires Ethereum NFT IP From Yuga Labs](https://decrypt.co/319484/cryptopunks-nonprofit-acquires-ethereum-ip-yuga-labs), Decrypt
- 2025: [Yuga Labs says SEC has closed its investigation into the company: 'NFTs are not securities'](https://www.theblock.co/post/344348/yuga-labs-says-sec-has-closed-its-investigation-into-the-company-nfts-are-not-securities), The Block
- 2024: [Bored Ape Creator Yuga Labs Just Offloaded NFT Games to Sharpen Focus on 'Otherside'](https://decrypt.co/226844/bored-ape-creator-yuga-labs-offloaded-games), Decrypt
- 2024: [Yuga Labs Founder Garga Returns as CEO to 'Unshackle' Bored Ape Team](https://decrypt.co/218401/bored-ape-yuga-labs-garga-ceo-returns), Decrypt
- 2023: [Gucci Reveals Metaverse Tie-Up With Bored Ape Creator Yuga Labs](https://decrypt.co/124632/gucci-metaverse-yuga-labs-bored-apes), Decrypt
- 2022: [Bored Ape Creator Yuga Labs Acquires Beeple's WENEW, 10KTF NFT Project](https://decrypt.co/114614/bored-ape-creator-yuga-labs-acquires-beeples-wenew-10ktf-nft-project), Decrypt
- 2022: [Bored Apes creator Yuga Labs raises $450 million in round led by a16z: report](https://www.theblock.co/linked/138834/bored-apes-creator-yuga-labs-raises-450-million-in-round-led-by-a16z-report), The Block

## Milestones

- 2021: [Bored Ape Yacht Club launches on Ethereum and sells out in 12 hours](https://www.gondi.xyz/collections/boredapeyachtclub.md), Yuga Labs
- 2022: [Buys the CryptoPunks and Meebits IP from Larva Labs](https://www.gondi.xyz/collections/cryptopunks.md), Larva Labs
- 2022: [Adopts ApeCoin, issued by the separate ApeCoin DAO, as the main token of the Bored Ape ecosystem](https://fortune.com/2022/03/17/nft-bored-ape-yacht-club-dropped-token/), ApeCoin DAO
- 2022: [Raises $450 million at a $4 billion valuation in a round led by a16z](https://www.theblock.co/linked/138834/bored-apes-creator-yuga-labs-raises-450-million-in-round-led-by-a16z-report), Andreessen Horowitz
- 2022: [Sells 55,000 Otherdeeds, land in the Otherside metaverse, for ApeCoin](https://www.gondi.xyz/collections/otherdeed-expanded.md), Yuga Labs
- 2024-2025: [Buys PROOF and Moonbirds in February 2024, then sells Moonbirds to Orange Cap Games in May 2025](https://decrypt.co/323189/bored-ape-maker-sells-moonbirds-gaming-startup), Orange Cap Games
- 2024: [Sells HV-MTL and Legends of the Mara to the game studio Faraway](https://www.gondi.xyz/collections/hv-mtl.md), Faraway
- 2025: [Says the SEC has closed its investigation into the company, opened in 2022](https://www.theblock.co/post/344348/yuga-labs-says-sec-has-closed-its-investigation-into-the-company-nfts-are-not-securities), SEC
- 2025: [Sells the CryptoPunks IP to the Infinite Node Foundation, after selling Meebits to MeebCo in February](https://decrypt.co/319484/cryptopunks-nonprofit-acquires-ethereum-ip-yuga-labs), Infinite Node Foundation
- 2026: [Michael Figge, chief product officer, becomes CEO as Greg Solano moves to chairman](https://www.theblock.co/post/397818/bored-apes-creator-yuga-labs-taps-new-ceo-greg-solano-chairman), Yuga Labs

## Links

- [yuga.com](https://yuga.com/)
- [X](https://x.com/yugalabs)
- [Wikipedia](https://en.wikipedia.org/wiki/Yuga_Labs)
- [en.wikipedia.org/wiki/Bored_Ape_Yacht_Club](https://en.wikipedia.org/wiki/Bored_Ape_Yacht_Club)

Data from GONDI (https://www.gondi.xyz), Nov 1, 2026.
