Yuga Labs

Yuga Labs is a Web3 company focused on NFT intellectual property, digital collectibles, and blockchain-based entertainment. Founded in February 2021 by Greg Solano and Wylie Aronow, the company is headquartered in Coral Gables, Florida, United States. Its stated focus is shaping the crypto space through storytelling, community-driven experiences, and digital ownership.

The company’s flagship project is the Bored Ape Yacht Club (BAYC), a collection of 10,000 unique NFTs launched on the Ethereum blockchain in April 2021. Yuga Labs also operates the Mutant Ape Yacht Club (MAYC), the Bored Ape Kennel Club (BAKC), and the Ape Chemistry Club. In 2022, it acquired the intellectual property rights to CryptoPunks and Meebits. The company raised $450 million in a 2022 seed round led by Andreessen Horowitz at a $4 billion valuation.

Beyond NFT collections, Yuga Labs developed Otherside, a metaverse project built around NFT-based land ownership and interactive gaming. In 2024, the company launched ApeChain, an Ethereum Layer 2 blockchain designed to support gaming, identity systems, and commerce within its ecosystem. The company also released TwelveFold, an NFT collection minted on the Bitcoin blockchain via the Ordinals protocol.