HOLY DENG!: Yuga Labs' GrailsOTC Brokered Its First Official ApeChain Trade Between The ApeCoin Intern And A New Dengs Whale!

Yuga Labs' over the counter trading desk doesn't just help longtime and prospective Bored Ape Yacht Club members find their forever primates. It also helps collectors strike deals across the growing ApeChain ecosystem.

 

On Thursday, GrailsOTC announced that it had facilitated its first official ApeChain OTC trade, brokering a deal between the ApeCoin Intern, known for sweeping collections across ApeChain, and a new anonymous DengsOnApe whale.

 

 

In the deal, the ApeCoin Intern acquired 13 ApeChurch Midas Pendants, a collection of 1,000 necklaces that Gimboz holders can use to earn passive Gimboz Points while staked in the Church. In exchange, the counterparty received 199 Dengs, the ApeChain PFP collection created by KingPickle and inspired by Moo Deng the hippo.

“HUGE!! Deng Deng,” Dengs tweeted after the deal was struck. “Congratulations to both parties. Amazing to see the intern be able to convert the value of some of their Dengs to diversify. But an even BIGGER congrats to the buyer of the Dengs. Big things are coming. Someone knows something.”

 

Tonight, we do not who the ApeCoin intern's counter party was. But we do know that this trade marks an important milestone for GrailsOTC as the desk expands beyond the best club on the internet.

 

The Gazette will continue to follow Grails OTC and will let you know when more details about tonight’s trade become available. Stay tuned for updates!