Nifty News: Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more By Cointelegraph

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© Reuters.

Yuga Labs accelerates Otherside plan

Nonfungible token (NFT) conglomerate Yuga Labs has agreed to acquire the metaverse-building startup Roar Studios as Yuga looks to bolster its Otherside metaverse.

Yuga tweeted the news on July 31 saying the impending acquisition was to “execute our expansive vision” for Otherside.

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