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ATA Creativity Global transforms BTCFi ecosystem with the introduction of $100 million investment.
[Coin World] According to official news, Nasdaq-listed company ATA Creativity Global (Nasdaq: AACG) announced that it has signed an agreement with the Baby BTC Strategic Capital, led by a certain foundation as LP, which will control ATA with a total amount of $100 million, including $30 million in new shares and $70 million in warrants, and will restructure the board of directors. ATA will transform into the world's first publicly listed platform focused on the BTCFi ecosystem, collaborating deeply with a certain project (currently staking 45,000 BTC). The company will also make a large-scale acquisition of Baby tokens, targeting a circulation market capitalization of over $100 million for Baby, creating a "BTCFi infrastructure + Baby token reserve" dual-track model, facilitating compliance pathways between encryption and traditional finance.