Baby Capital Acquires ATA Creativity in $100M BTCFi Deal
Baby Capital has signed a $100 million term sheet to acquire a controlling stake in Nasdaq-listed ATA Creativity Global, including $30 million in new shares and $70 million in warrants. Upon closing, Baby Capital will appoint three new board members as ATA pivots into BTCFi services. The deal deepens cooperation with the Babylon protocol—currently securing over 45,000 BTC and $5 billion TVL—to integrate Bitcoin staking into DeFi. ATA Creativity will also buy Baby tokens and launch ongoing token buybacks and stock issuances. This merger bridges traditional markets and crypto DeFi, offering traders a regulated entry into BTCFi and token investments. Traders should monitor listing plans, token acquisitions, and governance updates for market impact.
Bullish
This merger and $100 million deal bolster ATA Creativity’s shift into BTCFi, deepening Bitcoin staking via Babylon’s protocol and driving Baby token demand through large-scale purchases and buybacks. In the short term, a board overhaul and regulated entry into crypto DeFi may spur trading momentum and positive sentiment, supporting price gains. Over the long term, integration of BTCFi infrastructure, ongoing token issuance, and institutional backing are likely to enhance liquidity, market adoption and sustainable growth.