ApeCoin Restructures Operations: ApeCo Head Steps Down, Core Team Consolidates Into Yuga Labs by June 5

APE4.15%
According to Yuga Labs CEO Michael Figge on May 29, ApeCoin will undergo a structural reorganization to improve operational efficiency. The company had previously operated ApeCo as an independent entity coordinated alongside Yuga Labs amid unclear regulatory frameworks, creating inefficiencies. With evolving regulatory clarity, ApeCo head Cam will step down, and the core ApeChain technology and business development teams will directly integrate into Yuga Labs. Additional team members will depart as part of the transition, which is scheduled to complete by June 5.
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