A16z led a $450m funding round in Yuga Labs.

A16z, a venture capital firm, led a $450m funding round in Yuga Labs, a web3 platform, with participation from Animoca Brands, LionTree, Sound Ventures, Seven Seven Six, Thrive Capital, FTX and MoonPay. “Already, a new economy is possible with the IP of Apes, Punks, and Meebits, owned by the community. The possibilities for blockchain’s impact on culture are endless, and so we are building a beautiful, interoperable world for people to explore and play in. There’s a lot to come,” Nicole Muniz, Yuga Labs CEO.