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CryptoSlate • Jun 06, 2025
Yuga moves to kill ApeCoin DAO, transfer $168M in assets to new entity
Yuga Labs plans to restructure governance by dissolving the current DAO and reallocating $168 million in holdings to a newly established organization, impacting the management of a...
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Cointelegraph • Jun 06, 2025
Yuga Labs looks to replace ‘unserious’ ApeCoin DAO with new ApeCo entity
Yuga Labs aims to establish a new governance structure to improve decision-making efficiency and financial oversight, addressing concerns over the previous DAO’s lack of effective...
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CoinDesk • Jun 06, 2025
Yuga Labs Proposes Scrapping ApeCoin DAO, Launching ApeCo
The plan suggests dissolving the current decentralized governance structure to shift control of a substantial token reserve to a new entity managed by Yuga Labs, potentially impact...
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