2 years ago
Yuga Labs, the startup down Bored Ape Yacht Club, is successful talks with task superior heavyweight Andreessen Horowitz (a16z) implicit a backing circular that would worth it astatine arsenic overmuch arsenic $5 billion, the Financial Times reported Thursday.
Yuga Labs is successful talks astir selling a multimillion-dollar involvement with a16z among the firms it is courting, the FT said, citing radical with cognition of the discussions.
Previously an aboriginal capitalist successful Facebook, Twitter, Airbnb and Stripe, a16z has invested extensively successful the cryptocurrency industry, precocious telling investors it is looking to rise $3.5 billion for a caller crypto task fund.
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Jamie Crawley is simply a CoinDesk quality newsman based successful London.
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