In a strategic move to deepen its reach across Asia, the Stacks Asia DLT Foundation has partnered with Everest Ventures Group (EVG) and Aspen Digital to accelerate the adoption of Stacks, a Bitcoin layer two (L2) protocol. According to the exclusive announcement shared with Bitcoin.com News, this collaboration aims to position Stacks as a cornerstone of the emerging Bitcoin utility layer by expanding in key markets such as South Korea, Vietnam, China, Singapore, and beyond.

EVG will spearhead regional visibility through curated investor events, culturally tailored marketing campaigns, and influencer partnerships to connect Stacks with local web3 communities. Aspen Digital will engage its wealth management network to highlight Stacks’ potential to high-net-worth investors and institutions.

“EVG is excited to partner with Stacks, making it easier for Asian builders, users,
and institutions to see the value of a Bitcoin layer 2 in action,” said Allen Ng,
Co-founder of Everest Ventures Group.

The partnership comes at a pivotal time for Bitcoin’s evolution from a store-of-value asset to a programmable platform supporting DeFi and decentralized apps. With the recent launch of sBTC on Stacks, the groundwork is being laid to activate over $2 trillion in dormant BTC capital.

“The era of Bitcoin utility is here, and Stacks is uniquely positioned to lead the way by unlocking Bitcoin’s full potential beyond its ‘digital gold’ narrative,” said Kyle Ellicott, Executive Director at the Stacks Asia Foundation.

Together, these organizations aim to transform bitcoin into a more versatile financial tool, unlocking new value for users and builders across Asia.

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