On Friday, Universal Music Group’s Web3 label dubbed 10:22PM revealed it purchased the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) #5537 for more than $360,000. 10:22PM says that BAYC #5537 will become the female manager for the first-ever metaverse group.

Learn more: https://news.bitcoin.com/universal-music-groups-web3-label-buys-bored-ape-for-360k-in-ethereum/