Yuga Labs has sold the Moonbirds NFT IP to Orange Cap Games as part of its strategic refocusing.This marks Yuga Labs' third NFT IP sale in 2025, following the divestments of CryptoPunks and Meebits.The future plans for Moonbirds under Orange Cap Games involve integration with blockchain and gaming technologies.The sale signifies a larger trend in 2025 where major players are realigning around core assets in the NFT market to drive new growth.