Bored Ape Parent Company Yuga Labs Buys CryptoPunks and Meebits

Yuga Labs, the parent company behind the successful NFT project Bored Ape Yacht Club, has acquired two additional NFT collections -- Cryptopunks and Meebits.Both Cryptopunks and Meebits were developed by Larva Labs studio and are among the top NFTs on OpenSea, ranking just above Bored Ape Yacht Club.Yuga Labs wrote in a press release that it now owns "the brands, copyright in the art, and other IP rights for both collections, along with 423 CryptoPunks and 1711 Meebits." It added that it would g...