Yuga Labs sells CryptoPunks IP to Infinite Node Foundation

Description

Yuga Labs sold the CryptoPunks NFT intellectual property to the Infinite Node Foundation, a nonprofit focused on digital art, in a deal with undisclosed terms and accompanied by a \$25 million endowment to support long-term preservation.

Authors

Alex O’Donnell

Publish date

May 13, 2025

Publisher

Cointelegraph

Web URL

https://cointelegraph.com/news/yuga-labs-sells-crypto-punks-ip-infinite-node-foundation

Referenced by

Yuga Labs sold CryptoPunks IP to The Infinite Node Foundation

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News story

The terms of the deal were not disclosed.

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Quote

The acquisition of CryptoPunks, plus its additional $25 million endowment, establishes NODE as “the most well-capitalized nonprofit dedicated solely to digital art in the United States,” the foundation said in an X post.

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