Odaily Planet Daily 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. The latter will acquire a controlling stake in ATA for a total of US$100 million, including US$30 million in new shares and US$70 million in warrants, and restructure 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 over $100 million circulating market capitalization, to establish a dual-track model of "BTCFi infrastructure + Baby token reserves," bridging the gap between crypto and traditional financial compliance.