About Yuga Labs
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, 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, 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.
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 beside the Kodas. Later it bought WENEW, the studio behind 10KTF, launched the Dookey Dash game and the HV-MTL 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.
Notable collections
Top sales
101 Bored Apes in one lotSotheby's, New York · 2021$24.39M- Bored Ape #8817Sotheby's · 2021$3.41M
- 740 ETH ($2.91M)
- Bored Ape #23220221,080.69 ETH ($2.81M)
- Bored Ape #85852021696.969 ETH ($2.70M)
- Bored Ape #20872021769 ETH ($2.31M)
Recognition
- 2023
- 2022
Collaborations
- 2023
- 2022Otherside metaverse, launched with Animoca BrandsAnimoca Brands
- 2021
- 2021Bored Ape magazine covers released as NFTsRolling Stone
Press & resources
- Bored Apes-creator Yuga Labs taps new CEO as Greg Solano moves to chairman roleThe Block · 2026
CryptoPunks Have New Home as Nonprofit Acquires Ethereum NFT IP From Yuga LabsDecrypt · 2025- Yuga Labs says SEC has closed its investigation into the company: 'NFTs are not securities'The Block · 2025
Bored Ape Creator Yuga Labs Just Offloaded NFT Games to Sharpen Focus on 'Otherside'Decrypt · 2024
Yuga Labs Founder Garga Returns as CEO to 'Unshackle' Bored Ape TeamDecrypt · 2024
Gucci Reveals Metaverse Tie-Up With Bored Ape Creator Yuga LabsDecrypt · 2023
Bored Ape Creator Yuga Labs Acquires Beeple's WENEW, 10KTF NFT ProjectDecrypt · 2022- Bored Apes creator Yuga Labs raises $450 million in round led by a16z: reportThe Block · 2022
Milestones
- 2021
- 2022
- 2022
- 2022Raises $450 million at a $4 billion valuation in a round led by a16zAndreessen Horowitz
- 2022
