Yuga Labs concludes $16M TwelveFold auction

Yuga Labs’ TwelveFold auction, which saw the company sell its collection of Bitcoin ordinals, has ended following a weekend sale.

The auction saw 288 successful bidders win the collectible crypto assets. Those bidders placed more than 735 BTC ($16.4 million) on the assets. The top bidder placed a bid of 7.1159 BTC ($160,000) on a single collectible.

Yuga Labs is best known for its Bored Ape Yacht Club (BAYC) collection.

The company initially announced the sale on Feb. 28.

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