Long Take: The Yuga Labs triple threat -- $3B NFT floor, $4B valuation, and $12B of $APE

Gm Fintech Architects —

Today we are diving into the following topics:

• Summary: Today we look at the $450MM raise by Yuga Labs, creators of Bored Apes and acquirer of CryptoPunks. In particular, we focus on the interplay of primary issuance and its dynamics relative to the markets — a $3B NFT collection, a $12B fungible token, and a $4B venture valuation.…