Young Thug has accomplished a lot of major things during his time as an artist on the 300 Entertainment lineup, and now he's being given another huge opportunity at the label. After releasing multiple projects and hit singles, Lyor Cohen and co-founder, Kevin Liles, have signed off on giving the Atlanta rapper his own label imprint.

Yesterday, it was announced that Thugger has officially launched his own YSL Records, which is an offshoot of 300. The hip-hop entertainer captured some of the celebration moments from yesterday to his Snapchat, which took place inside of the 300 Entertainment offices. Thugger could be seen standing in front of a logo for YSL Records, with narration from Liles himself.

“[Young Thug] starting a new venture is going to take us to a different mindset," he stated to fans in the clip.

There's no official word on which artists, or how many, Young Thug may be eyeing to sign to his new imprint, but we know that there should be some serious bangers on the way for fans. Hopefully this means that the rapper's debut album is closer to a real release, as fans have been on the edges of their seats awaiting it.

Currently, 300 Entertainment has Migos, Fetty Wap, and many more hit-makers signed to the label.

20 Best Singles of 2016… So Far