According to official news, 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 an LP

CoinFeed reported on August 2nd that according to official news, Nasdaq-listed ATA Creativity Global (Nasdaq: AACG) announced that it has signed an agreement with Baby BTC Strategic Capital, led by the Babylon Foundation as an LP. The latter will take control of ATA with a total investment of US$100 million, including US$30 million in new shares and US$70 million in warrants, and reorganize the board of directors. ATA will transform into the world's first listed platform focused on the BTCFi ecosystem, collaborating closely with the Babylon project (currently 45,000 BTC staked). The company will also acquire a large number of Baby tokens, targeting Baby's circulating market capitalization of over $100 million. This will create a dual-track model of "BTCFi infrastructure + Baby token reserves," bridging the gap between crypto and traditional financial compliance.