Stacks Asia Partners with ADGM to Advance Bitcoin Adoption Across Middle East and Asia

In a groundbreaking move, the Stacks Asia DLT Foundation has announced a strategic partnership with the Abu Dhabi Global Market (ADGM), aiming to strengthen institutional engagement with Bitcoin and expand the adoption of Bitcoin’s Layer-2 technology throughout the Middle East and Asia.

Becoming the first Bitcoin-based organization to establish an official presence in the region, the Stacks Asia DLT Foundation is set to play a pivotal role in shaping the future of Bitcoin's programmability and broader adoption. This initiative, announced on April 28, marks a significant milestone in the global expansion of Bitcoin-based solutions.

Key Highlights of the Partnership:

• Stacks Asia and ADGM aim to empower institutions and investors, helping them integrate Bitcoin into their operations.
• The collaboration focuses on launching educational programs, supporting regional Bitcoin developer communities, and promoting real-world adoption of Bitcoin-powered applications.
• Beginning in May, the foundation will host a series of on-site and virtual events to spread knowledge about Bitcoin’s role in the future financial landscape.

According to Kyle Ellicott, Interim Executive Director of the Stacks Asia DLT Foundation:

"Stacks and ADGM form a powerful combination to accelerate Bitcoin adoption in the Middle East and Asia. ADGM, known as the ‘Capital of Capital’, offers a unique environment where innovation and capital converge to shape the financial future.”

The initiative seeks not only to advance Bitcoin's technical growth but also to set new regulatory standards for the expanding Bitcoin economy. Stacks Asia is notably working towards fostering a globally progressive regulatory environment, ensuring that decentralization, security, innovation, and compliance can coexist harmoniously.

Further Steps:

• Development of the Bitcoin Capital Activation Framework, a comprehensive policy guide for regulators worldwide.
• Launch of the Bitcoin Policy Bridge in May, creating a multi-jurisdictional task force across the Middle East and Asia.
• Sharing Bitcoin’s economic potential directly with government bodies and regulators.

Stacks Asia’s movement into ADGM follows regulatory recognition by the U.S. Securities and Exchange Commission, enhancing its credibility and laying a firm foundation for broader, compliant Bitcoin integration.