CryptoPunks Have New Home as Nonprofit Acquires Ethereum NFT IP From Yuga Labs

Description

Yuga Labs transferred the CryptoPunks NFT IP to the newly formed Infinite Node Foundation, which will preserve and expand the iconic collection as part of a $25 million digital art initiative.

Authors

Logan Hitchcock

Publish date

May 13, 2025

Publisher

Decrypt

Web URL

https://decrypt.co/319484/cryptopunks-nonprofit-acquires-ethereum-ip-yuga-labs

Referenced by

Yuga Labs sold CryptoPunks IP to The Infinite Node Foundation

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The Foundation will steward the project with three core foundations: preservation, community, and expansion.

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“When Yuga acquired CryptoPunks’ IP, it wasn’t just about ownership—it was about honoring a cultural icon we believed in,” said Yuga Labs CEO and co-founder Wylie Aronow in a statement. “We’ve worked to elevate and protect their legacy, but we always knew Punks needed a permanent home built for preservation. Seeing that vision come to life with the NODE Foundation feels like a full-circle moment. They are best positioned to protect the Punks legacy.”

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