Yuga Labs Trims to Six Projects as IP Moves to New Stewards

Yuga Labs now operates six core projects: Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club, Bored Ape Kennel Club, Otherside, Mudwater and TwelveFold. The company confirmed the current roster spans NFT collections, the Otherside virtual world, ApeChain and Mudwater, a physical-digital card game, while several legacy collections and gaming assets have moved to new owners.

What does the current portfolio include?

ApeCo, described as the development company for ApeCoin (APE), focuses on ApeChain, BAYC and Otherside. ApeChain, the project's dedicated network, launched in October 2024. TwelveFold remains the Bitcoin-based generative art collection within the roster.

Otherside, the metaverse platform announced on March 18, 2022, opened its public sale on April 30 that year. The sale offered 55,000 Otherdeeds at 305 APE each, totaling 16,775,000 APE. The platform's Nexus experience launched in 2025 and is open to users who hold neither an Ape nor an Otherdeed — a shift from the original gated model.

BAYC, the founding collection, released 10,000 Bored Ape NFTs on April 23, 2021.

What is Mudwater's structure?

Mudwater combines physical trading cards with Solana NFTs. The set contains 120 card designs and a fixed supply of 10,000 boxes, with each box holding 24 packs of 10 cards.

Eligible BAYC holders can claim 10 packs per Ape, and Mutant Ape holders can claim two packs per Mutant Ape. Claims run through Jan. 18, 2027, at 7 p.m. ET — a claim window of roughly two years from launch.

Which projects left Yuga Labs?

Intellectual property rights have shifted under several arrangements:

• NODE acquired CryptoPunks' full intellectual property in May 2025.
• The Meebit Company acquired the Meebits project in 2025.
• Faraway acquired the Legends of the Mara collection and gaming intellectual property.
• Orange Cap Games is still acquiring Moonbirds, Mythics and Oddities from Yuga.

The Orange Cap transaction remains the only one in progress; the others have closed.

Why does the consolidation matter?

The divestments mark a structural narrowing. Yuga has moved from holding a broad NFT portfolio — at one point spanning CryptoPunks, Meebits, Moonbirds and Legends of the Mara alongside its native collections — to six projects built around two pillars: the Ape ecosystem and Otherside.

The operational weight now sits with ApeChain, which anchors on-chain activity for the ecosystem, and with Mudwater, which tests physical-digital distribution through its fixed 10,000-box supply on Solana. The Jan. 18, 2027 claim deadline for Mudwater packs is the next hard date on the portfolio's calendar, while the Orange Cap Games transfer completes the final outstanding divestment.