Yuga Labs Acquires Proof
Summary
Yuga Labs, a Miami, FL-based web3 lifestyle and media company, acquired Proof Holdings, Inc., a provider of a digital art platform and art collector community. The acquisition of Proof’s assets, including its team, intellectual property, and artistic portfolio, aligns with Yuga’s vision to become the front door of web3. Yuga will start by bringing Moonbirds into Otherside, the place where content creators, communities, and brands will come together to participate in the social fabric of web3. Led by CEO Daniel Alegre, Yuga Labs is a web3 lifestyle and media company offering creative brand IP/NFT projects, gaming, and community experiences. It owns the IP to the most significant projects in web3, including Bored Ape Yacht Club, MAYC, CryptoPunks, 10KTF, and Meebits.