Animoca Brands, FTX, Adidas, Alphabet, MoonPay, Genies, Samsung and The Sandbox all took part in the the NFT platform developer's seed round at a $4bn valuation.

Yuga Labs, the US-based creator of non-fungible token (NFT) collection Bored Ape Yacht Club, secured $450m yesterday in a seed round backed by multiple corporates at a post-money valuation of $4bn.

The round included blockchain game developers Animoca Brands and The Sandbox, cryptocurrency exchanges FTX and MoonPay, internet and technology group Alphabet, electronics producer Samsung, metaverse technology developer Genies and sports apparel producer Adidas.

Andreessen Horowitz led the round, which also featured LionTree, Tiger Global Management, SevenSevenSix, Sound Ventures, Lightspeed…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
Email LinkedIn