Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Seeking Alpha 2022-02-03 15:31:45

Bored Ape's Yuga Labs in funding talks with Andreessen Horowitz - FT

With interest in non-fungible tokens on the rise, Yuga Labs, the start-up behind Bored Ape Yacht Club, was in talks with Silicon Valley-based venture capital firm Andreessen Horowitz over a funding round, the Financial Times reported. Note that Bored Ape Yacht Club is a collection of 10K Bored Ape NFTs that live on the ethereum (ETH-USD) blockchain. This funding round would value the famous NFT collection at as much as $5B, the Financial Times noted, citing people with knowledge on the matter. Recall at the beginning of January when award-winning rapper Eminem bought a Bored Ape Yacht Club NFT for $462K, CoinDesk reported. Previously, (Jan. 11) Mogo invested in NFT Trader, which has collaborated with Bored Ape Yacht Club.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.