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Yuga Labs sells Moonbirds IP to Orange Cap Games

  • Orange Cap Games, a crypto gaming startup, acquired the Moonbirds, Mythics, and Oddities NFT intellectual property from Yuga Labs on May 30, 2025.
  • In 2024, Yuga Labs acquired several NFT collections by purchasing PROOF but has since been divesting various intellectual property assets to concentrate on its primary endeavors, including the Bored Ape Yacht Club and the metaverse game Otherside.
  • The deal did not disclose financial terms, but Moonbirds NFTs saw a floor price jump from 0.295 ETH to 0.9 ETH, indicating renewed market interest despite remaining down 98% from their 38.5 ETH peak in April 2022.
  • Greg Solano, co-founder of Yuga Labs, expressed that Orange Cap Games is uniquely qualified to fully dedicate themselves to the Moonbirds project and maximize its success, highlighting the company’s commitment to strategic clarity and decisive action.
  • This third major 2025 IP sale signals Yuga Labs' shift away from broad NFT holdings toward its foundational collections, while Orange Cap plans to develop new Moonbirds-related assets on Ethereum and ApeChain networks.
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Yuga Labs sells Moonbirds IP to Orange Cap Games

Yuga Labs has sold the IP to its Moonbirds NFT collection, which it bought in February 2024.

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Cointelegraph broke the news in on Monday, June 2, 2025.
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