Key Takeaways
- Orange Cap Games has acquired the Moonbirds NFT IP from Yuga Labs as the latter refocuses its business strategy.
- This is Yuga Labs’ third NFT IP sale in 2025, following earlier divestments of CryptoPunks and Meebits.
- The future of Moonbirds under Orange Cap Games remains unclear, but integration with blockchain and gaming appears central.
Yuga Labs, the cryptocurrency company most famously known for its Bored Ape Yacht Club collection, has sold the Moonbirds NFT intellectual property to Orange Cap Games in a deal that mirrors the company’s strategic priorities in evolution.
The sale, whose financial terms have not been made public, is Yuga’s third IP transaction of 2022. Earlier this year, Yuga sold the intellectual property rights for Meebits and CryptoPunks, which represents a significant shift away from diversifying within NFTs.
Originally acquired by Yuga Labs in early 2024 as part of a…
