CryptoPunks Have New Home as Nonprofit Acquires Ethereum NFT IP From Yuga Labs

The Infinite Node Foundation, a newly established nonprofit endowment, announced Tuesday that it has acquired the IP of influential Ethereum NFT collection CryptoPunks from previous owner and Bored Ape Yacht Club creator Yuga Labs.The Foundation, which CryptoPunks General Manager Natalie Stone told We are excited to announce CryptoPunks have found a permanent home at The Infinite Node Foundation. @nodefnd is a non-profit committed to the preservation and expansion of contemporary digital art.@larvalabs founders & artists Matt Hall & John Watkinson are returning to join… pic.twitter.com/0E2gk0RuyD— CryptoPunks (@cryptopunksnfts) May 13, 2025“CryptoPunks sparked a cultural movement that blended code, community, and commerce,” said Node Foundation Chair Micky Malka in a statement. “By pairing museum-grade conservation with an evergreen endowment, we intend to future-proof this landmark work and make it easier than ever for scholars, curators, and collectors to engage with it.”The nonprofit’s stewardship will focus on three core components: preservation, community, and expansion—aiming to maintain the collection’s longevity, while developing new ways in which the pixel profile picture collection can be The collection first changed hands in 2022 when “When Yuga acquired CryptoPunks’ IP, it wasn’t just about ownership—it was about honoring a cultural icon we believed in,” said Yuga Labs CEO and co-founder Wylie Aronow in a statement. “We’ve worked to elevate and protect their legacy, but we always knew Punks needed a permanent home built for preservation. Seeing that vision come to life with the NODE Foundation feels like a full-circle moment. They are best positioned to protect the Punks legacy.”Aronow will join Art Blocks founder Erick Calderon and original CryptoPunks creators creators Matt Hall and John Watkinson of Larva Labs on an advisory board helping the Infinite Node Foundation to achieve its goals.“In collaboration with Hall and Watkinson, the Foundation’s first move will be to host a major exhibition of the entire collection at its exhibition space in Palo Alto, California. The CryptoPunks price floor, or the lowest listed value of an asset on the marketplace, is up more than 19% on the week. It has jumped 74% in U.S. dollar denominations to $123,086 as the price of Ethereum has climbed nearly 45% over the same timeframe. Arguably the most prominent NFT collection of all time, and an inspiration to many collections that followed (including the Bored Apes), CryptoPunks trading volume has eclipsed more than $3 billion lifetime since its creation in 2017, according to Edited by Andrew Hayward