Greg Solano (X account Garga.eth), CEO of Yuga Labs, the parent company of the blue-chip NFT project BAYC Ape Yacht Club (BAYC), announced today (27th) on the X platform that Yuga Labs has acquired the Unreal Engine-based creation platform that powers the Otherside metaverse from the British technology company Improbable, and has reached a perpetual licensing agreement with Improbable for Otherside's high-concurrency technology. Furthermore, the platform's core engineers and developers will join Yuga Labs in early 2026.
In his post, Greg Solano detailed the content and significance of the deal. He stated that it represents Yuga Labs doubling down on a simple yet ambitious goal: to build the best creator platform in the cryptocurrency space. He described this platform as allowing anyone to easily create virtual worlds, games, and experiences that support massive multiplayer online environments, freely combinable elements, and can be published with a single click. All of this is built on open infrastructure, emphasizing true digital ownership and a built-in economic system.
Solano further pointed out that fully internalizing the platform and team into the company allows Yuga Labs to move faster, iterate more rapidly, and invest in Otherside and the developers creating on it in the long term.
What is Yuga Labs?
Yuga Labs is an American blockchain technology company founded in 2021, renowned for developing NFT digital collectibles. Its most famous creation is the Bored Ape Yacht Club (BAYC), an NFT series featuring 10,000 unique ape images, which has become one of the most influential NFT projects globally. The company has also launched derivative projects such as Mutant Ape Yacht Club and Otherside Metaverse Land NFT, and acquired classic series like CryptoPunks. Currently, Yuga Labs is actively promoting Otherside as an interoperable gamified virtual world, combining NFT ownership with a real-world economic system.
What is Improbable?
Improbable is a multinational technology company headquartered in London, UK, founded in 2012. It focuses on metaverse infrastructure, large-scale simulation technology, and virtual world development. Its core technology can support complex virtual experiences with thousands or even tens of thousands of users online simultaneously. It has a long-term collaboration with Yuga Labs on the development of Otherside.
This acquisition gives Yuga Labs direct access to Otherside’s key tools and talent, which is expected to deliver more innovative experiences in 2026, such as AI-driven content and larger-scale multi-person interactions.
