Foresight News
Foresight News|5月 29, 2026 03:14
[Yuga Labs CEO: Company Structure to Be Adjusted, Some ApeCo Members to Depart] Foresight News reports that Yuga Labs CEO Michael Figge tweeted that the company will restructure ApeCoin to reduce coordination costs and strengthen integration with other business operations. Previously, Yuga Labs and ApeCo (formerly Ape Foundation) operated in parallel due to the regulatory environment, leading to high coordination costs. With increased regulatory clarity, the company has decided to simplify its structure. ApeCo co-founder and head Cam will depart, and the core technology and BD teams of ApeChain will be directly integrated into Yuga Labs' operations. Some ApeCo members will also leave, with the transition expected to be completed by June 5. Additionally, Figge plans to visit Hong Kong, Shanghai, Taipei, and Seoul in June for a roadshow, engaging in face-to-face discussions with partners, exchanges, institutions, and community members to promote the collaborative development of BAYC, Otherside, and ApeCoin.
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