Global #yuga labs

Yuga Labs, the business behind the non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), has announced yet another layoff and company restructure in just over six months. Greg Solano, the company's CEO and co-founder who assumed the role in February, made this announcement.

For Yuga Labs' Otherside metaverse, the high-end clothing brand Gucci created a limited-edition pendant that will be available in both physical and nonfungible token (NFT) versions.