Yuga Labs, behind the popular NFT project Bored Ape Yacht Club, has raised $450 million in funding.
Funding was provided by venture capital firm Andreessen Horowitz with the participation of Animoca Brands, LionTree, Sound Ventures, Thrive Capital, FTX, MoonPay, and others.
Thus, the estimated value of the company is 4 billion dollars.
Pop singer Madonna has acquired an NFT from the Bored Ape collection worth more than half a million dollars. She announced the news on her Instagram.
The singer bought a Bored Ape 4988, a cartoon monkey with strange fur, and an "S&M hat".
With her post, she expressed her gratitude to MoonPay, a cryptocurrency payment company.
According to OpenSea, MoonPay acquired Bored Ape for 180 ETH (about $564,000).
MoonPay also transferred Bored Ape 1506 to another wallet that belongs to rapper Wiz Khalifa.
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