Bored Ape Creator Yuga Labs Raises $450 Million to Fund Metaverse Project

Yuga Labs, the creators of the Bored Ape Yacht Club NFT collection has announced that it has raised $450 million (roughly Rs. 3,430 crore) in a funding round led by Andreessen Horowitz, bringing the Web 3 company to a total valuation of $4 billion (roughly Rs. 30,475 crore).