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Yuga Labs Acquires PROOF

PRIVATEFeb 16, 2024

Acquiring Company

Yuga Labs

Acquired Company

PROOF Holdings

Coral GablesLos AngelesOtherSoftwareMedia And EntertainmentInternet ServicesInformation Technology

Description

Yuga Labs, the leading web3 lifestyle and media company, has acquired PROOF Holdings Inc, including the PROOF Collective, Moonbirds, Oddities, Mythics, and Grails exhibition series. The acquisition of PROOF’s assets, including its team, intellectual property, and artistic portfolio, aligns with Yuga’s vision to become the front door of web3, with plans to integrate Moonbirds into Otherside, their metaverse project, and further their commitment to digital fine art and community engagement efforts.

Quick answer

Yuga Labs is acquiring PROOF Holdings, announced February 16, 2024. Yuga Labs is based in Coral Gables, Florida, United States.

How much did Yuga Labs pay for PROOF Holdings?
The deal value was not disclosed.
What does Yuga Labs do?
Yuga Labs is a web3 company exploring big ideas in identity, ownership, utility, and interoperability to push the crypto and NFT space forward.
Where are Yuga Labs and PROOF Holdings based?
Yuga Labs is based in Coral Gables, Florida, United States. PROOF Holdings is based in Los Angeles, California, United States.
Who are the decision-makers at Yuga Labs?
Fundz holds 2 contacts at Yuga Labs. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Media And Entertainment and Internet Services

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

Who to call at Yuga Labs, and when

When Yuga Labs changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

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Company Information

Company

Yuga Labs

Location

Coral Gables, Florida, United States

About

Yuga Labs is a web3 company exploring big ideas in identity, ownership, utility, and interoperability to push the crypto and NFT space forward.

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Frequently asked

Who acquired PROOF Holdings?

PROOF Holdings was acquired by Yuga Labs, based in Coral Gables. The deal was reported on February 16, 2024. Yuga Labs is a web3 company exploring big ideas in identity, ownership, utility, and interoperability to push the crypto and NFT space forward. Yuga Labs is privately held and operates in Other.

When did Yuga Labs acquire PROOF Holdings?

Yuga Labs's acquisition of PROOF Holdings was reported on February 16, 2024. Yuga Labs, the leading web3 lifestyle and media company, has acquired PROOF Holdings Inc, including the PROOF Collective, Moonbirds, Oddities, Mythics, and Grails exhibition series. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does PROOF Holdings do?

PROOF is a leading digital art platform and art collector community, co-founded by Kevin Rose and digital artist Justin Mezzell in 2021. Their mission is to create unique experiences for art collectors to connect with artists and own and champion their art. It is privately held, operating in Information Technology, and is based in Los Angeles.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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