币界网报道：A crypto-focused special purpose acquisition company (SPAC) led by former Tether and Blackstone executives has raised $1 billion to acquire blockchain and digital asset businesses. The blank-check firm, called Digital Transformation Opportunities, is co-founded by ex-Tether executive Phil Potter and former Blackstone managing director Ankit Mehta. The SPAC aims to target companies in the digital asset infrastructure, blockchain technology, and fintech sectors, particularly those with strong cash flows and established business models. This move comes as traditional finance veterans increasingly seek exposure to the crypto space through alternative investment vehicles. The $1 billion raised positions the SPAC as one of the largest crypto-focused blank-check companies, signaling growing institutional interest in Web3 mergers and acquisitions despite the current market downturn.