ATA Creativity Global acquires $100 million control, transforms into BTCFi listing platform
哈世链闻 Hashnews
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ATA Creativity Global gains control of $100 million and transforms into a BTCFi listed platform
Hasschain has learned that ATA Creativity Global (Nasdaq: AACG) announced it has signed an agreement with Baby BTC Strategic Capital, led by the Babylon Foundation as the LP, which will take a controlling stake in ATA for a total of $100 million. This includes $30 million in new shares and $70 million in warrants, along with a restructuring of the board. ATA plans to transform into the world's first publicly listed platform focused on the BTCFi ecosystem, implementing deep cooperation with the Babylon project (currently staking 45,000 BTC). The company will also make large-scale acquisitions of Baby tokens, targeting over a $100 million market capitalization, creating a dual-track model of 'BTCFi infrastructure + Baby token reserves' to bridge the integration of crypto and traditional finance.
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