Bored Ape Yacht Club development team, Yuga Labs, has announced the acquisition of the Moonbirds development team, PROOF. However, the specific acquisition amount was not disclosed by the company. Yuga Labs stated in a press release that Kevin Rose, the CEO and founder of PROOF, will become a consultant for the company after the handover is completed. In addition to the PROOF team transitioning to Yuga, Jesse Bryan and Amanda Gadbow from PROOF will also be jointly responsible for overseeing the transition of Moonbirds collectibles and other key elements into the entire Yuga ecosystem. As a result of this news, the floor price of Moonbirds NFT surged above 1.8 ETH this morning.

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