April 24, 2026·Bullish·regulatory legal

Yuga Labs Secures Permanent NFT Trademark Rights

Yuga Labs has successfully settled an NFT trademark lawsuit, establishing its permanent intellectual property rights. This legal victory coincides with the Bored Ape Yacht Club's 5th anniversary. Concurrently, the APE token, which serves as the native currency for ApeChain and has utility across Yuga Labs' Otherside metaverse, BAYC, and MAYC ecosystems, experienced a significant price surge.

Detected & updated continuously · Source: Ruma

Mentioned

Sources

@Augura_

$APE $𝟬.𝟭𝟳𝟴𝟰 🟢🟢🟢 +73.1% BAYC celebrates 5th anniversary. APE acts as native token for ApeChain and holds utility in Yuga Labs' Otherside metaverse, BAYC, and MAYC ecosystems. Yuga settles NFT lawsuit with Ripps/Cahen, enforcing permanent trademark and imagery blocks. https://t.co/q3nP6kJGCL