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SPAC raises $230 million targeting the digital asset sector, with AI+Web3 becoming the new trend
【Crypto World】Recently, a SPAC on the NASDAQ raised $230 million by issuing 23 million shares with the ticker ITHAU, priced at $10 per share. The mastermind behind it is a big shot from Isaac Capital. Their focus areas are quite interesting—asset management, leisure entertainment, and hotel services—seemingly traditional sectors, but the emphasis is on AI and digital assets.
In simple terms, this round of financing actually reflects a trend: traditional capital is starting to lean towards Web3 and digital assets, and it’s not just about speculating on coins, but genuinely wanting to build on the next-generation technological infrastructure. From asset management to scene applications like leisure entertainment, plus the underlying logic of digital assets, this combination is essentially betting on the maturity and commercial implementation of the Web3 ecosystem.