Yuga Labs sold the rights to the NFT series CryptoPunks

The non-profit organization The Infinite Node Foundation (NODE) has acquired the intellectual rights to the NFT collection CryptoPunks from Yuga Labs. The parties did not disclose the amount of the deal.

The Infinite Node Foundation (NODE) is pleased to announce the acquisition of the intellectual property of @CryptoPunksNFTs from @yugalabs.

Launched by Larva Labs in 2017, CryptoPunks are widely regarded as the catalyst for the modern digital art movement. Their $3.07B in sales… pic.twitter.com/RQ6apT8A3o

— NODE (@nodefnd) May 13, 2025

A series of 10,000 tokens was launched by Larva Labs in 2017. The studio Yuga Labs, which stands behind the Bored Ape Yacht Club collection, acquired the rights to CryptoPunks in 2022.

According to CryptoSlam, the total sales volume of CryptoPunks has exceeded $3 billion.

Data: CryptoSlam.NODE positions itself as an organization aimed at preserving and developing digital art. The company was founded in 2025 by Mickey Malka and Becky Kleiner.

The creators of CryptoPunks, Matt Hall and John Watkinson, will join the organization as heads of the collection. The advisory board will also include Wylie Aronow (Gordon Goner) from Yuga Labs and Eric Calderon from Art Blocks.

After the transfer of ownership, NODE will organize a full exhibition of the collection in its hub in Palo Alto (California). To organize a permanent exhibition, the company will place a full Ethereum node there.

As a consultant for the NODE deal, Yuga Labs hired CryptoPunks manager Natalie Stone.

"Freed from corporate friction and constraints, punk ethics can now thrive in a decentralized, community-driven future. […] Under our guidance, CryptoPunks will remain what its creators intended and will continue to be the defining collection of this century's innovative art movement," the company said.

It should be noted that in the first quarter, the trading volume in the NFT segment decreased by 24% compared to the last quarter of 2024, amounting to $1.5 billion, according to the DappRadar report.