Yuga Labs plans for ApeCo to become the main entity managing funds and development across the ApeCoin ecosystem if approved by the DAO.

Quotes that support claims

Per the proposal, ApeCo would be granted all assets held by the DAO or ApeCoin Foundation, only after the new entity funds the ApeCoin staking contract and the DAO infrastructure is disabled.

The organization will be established directly by Yuga Labs and will be responsible for supporting high-caliber builders. In addition, it will be tasked with bolstering ecosystem projects like ApeChain, Bored Ape Yacht Club (BAYC) and Otherside.