ATA Creativity Global acquires a controlling stake of 100 million USD from Baby BTC Strategic Capital, transforming into a BTCFi listing platform

ChainCatcher news, according to official reports, Nasdaq-listed company ATA Creativity Global (Nasdaq: AACG) announced that it has signed an agreement with Baby BTC Strategic Capital, led by the Babylon Foundation as the LP, which will acquire a controlling stake in ATA for a total of $100 million, including $30 million in new shares and $70 million in warrants, and will restructure the board of directors.

It is reported that ATA will transform into the world's first publicly listed platform focused on the BTCFi ecosystem, deeply collaborating with the Babylon project (currently staking 45,000 BTC). The company will also make large-scale acquisitions of Baby tokens, targeting a circulating market value of over $100 million for Baby, creating a "BTCFi infrastructure + Baby token reserve" dual-track model, bridging the compliance paths between crypto and traditional finance.