Herman Narula denies involvement in RTFKT acquisition; what is the hidden story behind the multiple bidding rumors

quiet_lurker · 2026-01-12T20:09:49+00:00

The RTFKT acquisition rumors have attracted industry attention, and Herman Narula has denied any involvement. Market speculation suggests that potential buyers include wealthy collector Adam Weitsman and Yuga Labs, with other potential buyers also making discreet moves. This reflects that mergers and acquisitions in the NFT space are still ongoing, and competition remains fierce.

quiet_lurker

2026-01-12 20:09:49

Abstract generation in progress

Rumors about the acquisition of RTFKT have caused a stir in the industry. Recently, there were reports suggesting that Improbable co-founder Herman Narula might be the behind-the-scenes driver of this acquisition, but the blockchain industry figure quickly issued a statement denying any involvement in the deal.

So, who might RTFKT actually change hands to? Several names circulating in the market are quite influential. Billionaire collector Adam Weitsman, a seasoned investor in art and digital assets, has the financial strength to make a move. The team behind BAYC, Yuga Labs, is also considered a potential buyer due to their deep involvement in the NFT ecosystem. Additionally, industry insiders hint that other well-funded buyers might be secretly making moves.

Herman Narula’s prompt denial shifts the focus to other possibilities. This acquisition rumor also serves as a reminder that mergers and acquisitions in the NFT space are far from over, and the competition for top assets remains fierce.

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