After months of speculation, rapper 2 Chainz has revealed that he’s joining the roster at Def Jam. Not only is he signed as an artist but he will also run his own label at the illustrious record company as well.

“It’s the Real University, Two Gun Gang, Street Executives. It’s not DTP no more,” he tells XXL. “I’m actually behind [Ludacris], he’s still my homie. I just took another route as far as running my own company and bossing up. But on the other hand, I’m still working with him. He has an album coming out this year, as well. Matter of fact, we are label mates, now, which is crazy. So, yeah, that’ll be cool. I’m looking forward to that.”

For those who don’t know, 2 Chainz was once signed to Ludacris‘ Disturbing the Peace label (via Def Jam) under the rap moniker Tity Boi with the group Playerz Circle. In 2009, they scored a chart-topping hit single with ‘Duffle Bag Boyz.’

Now with his new name and a second chance to take the rap world by storm, PopCrush’s 2012 Artist to Watch alum is ready for his close up. “I feel I got knowledge in this game, although this is my first time I feel like the spotlight is directed towards me and my campaign,” he says.

On Monday (Jan. 30), 2 Chainz performed in front of a packed crowd at the club venue S.O.B.’s in New York. Judging by the video (courtesy of RapRadar), it looks like 2 Chainz has finally arrived.

Watch 2 Chainz Perform at S.O.B.’s