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MeebCo Acquires Meebits From Yuga Labs

Summary by NFT Plazas

Yuga Labs has sold the intellectual property rights of the Meebits NFT collection to Meebit Company (MeebCo), a newly formed entity backed by venture capital firm 1confirmation. The acquisition is part of Yuga Labs’ strategy to focus on its core projects, including the Bored Ape Yacht Club (BAYC) and the Otherside metaverse. Whilst the financial terms of the deal have not been disclosed, the transition shifts responsibility for Meebits’ future d…

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MeebCo Acquires Meebits From Yuga Labs

Yuga Labs has sold the intellectual property rights of the Meebits NFT collection to Meebit Company (MeebCo), a newly formed entity backed by venture capital firm 1confirmation. The acquisition is part of Yuga Labs’ strategy to focus on its core projects, including the Bored Ape Yacht Club (BAYC) and the Otherside metaverse. Whilst the financial terms of the deal have not been disclosed, the transition shifts responsibility for Meebits’ future d…

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NFT Plazas broke the news in 6 days ago on Monday, February 17, 2025.

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