Yuga Labs, has officially appointed Daniel Alegre as the new CEO.

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The former Activision Blizzard leader will step in to build on Yuga Labs’ efforts to diversify its portfolio and build towards an interactive gamified metaverse.

The NFT giant is planning to build a sustainable model around the success of its best-selling NFT collection and delve deeper into the realm of the Metaverse which is seen to take tremendous traction during 2023.