The Stacks Asia DLT Foundation announced a partnership with Asia's leading Web3 group Everest Ventures Group (EVG) and its wealth management subsidiary Aspen Digital to jointly promote the growth and application of the leading Bitcoin Layer 2 protocol, Stacks, in Asia. This collaboration will focus on expanding Stacks' influence in high-growth markets while strengthening connections with investors and local communities.

EVG will focus on developing high-potential markets such as South Korea, China, Vietnam, Thailand, Taiwan, Hong Kong, and Singapore. Key initiatives include:

• Enhancing Stacks' market visibility through appearances at major events (such as offline meetups, side events, and private investor activities)
• Launching localized marketing campaigns to create culturally relevant content and establish deep connections with audiences in different regions;
• Attracting influential investors through targeted promotions and exclusive events, showcasing Stacks as a leading Bitcoin Layer 2 solution;
• Activating local opinion leader resources, establishing strategic partnerships, and solidifying Stacks' position within local ecosystems.

Allen Ng, co-founder of Everest Ventures Group, stated: “EVG is very pleased to collaborate with Stacks, making it easier for builders, users, and institutions in Asia to understand the real value of Bitcoin Layer 2. The demand for meaningful Web3 application scenarios is rapidly growing, and from our experience, each market has its unique cultural characteristics and different ways of accepting new technologies.”

Opening a New Era for Bitcoin

This collaboration comes at a critical transformation period for Stacks and the Bitcoin ecosystem. As the industry evolves beyond Bitcoin's traditional "digital gold" positioning, a new era dominated by real-world applications, decentralized applications (dApps), and Layer 2 solutions is taking shape. This shift is unlocking new application scenarios and attracting increasing institutional interest in the Bitcoin Layer 2 ecosystem.

Ng added: “What makes Stacks unique in the Bitcoin ecosystem is its approach to unlocking Bitcoin's potential. It’s not just about achieving faster or cheaper transactions; it’s about bringing programmability and real-world applications to the world’s most secure and decentralized asset.”

Activating Institutional Momentum: Unlocking $2 Trillion in Idle BTC Capital

Institutions such as SNZ, UTXO Capital, and Jump Crypto have invested capital in the recently launched sBTC (a trust-minimized Bitcoin asset developed on Stacks). Their participation highlights the growing confidence of institutions in the Bitcoin DeFi space. With EVG and Aspen Digital's extensive network in investor relations, the Stacks Asia Foundation is accelerating the activation of over $2 trillion in idle BTC capital globally.

Elliot Andrews, CEO of Aspen Digital, stated: “Bitcoin is entering a new phase, and holders are looking to explore more productive ways to utilize it. Stacks is perfectly positioned to achieve this, and we are very pleased to support them in spreading this message widely across Asia.”

Building the Future of Bitcoin Together

Kyle Ellicott, Executive Director of Stacks Asia Foundation, stated: “The era of Bitcoin utility has arrived, and with its unique positioning, Stacks is poised to lead Bitcoin beyond the 'digital gold' narrative and unlock its true potential. With EVG's expertise in driving adoption and enhancing awareness in key Asian markets, this collaboration will inject strong momentum into the Stacks ecosystem. We are committed to accelerating the adoption of Bitcoin Layer 2 solutions, fostering innovation, and empowering communities in the region.”

Combining EVG's local market experience, Aspen Digital's investor network, and Stacks' continuously advancing technology, this collaboration marks an important milestone in promoting Bitcoin as a programmable and widely usable asset, opening up new opportunities for users and builders in the Asia region.

About EVG

Everest Ventures Group (EVG) was founded in 2018 and is a leading Web3 group in Asia dedicated to promoting the global adoption of blockchain technology. Headquartered in Hong Kong, with a global team of over 300 people, EVG has developed more than 15 products across various sectors, including consumer infrastructure (Edgen AI, T-Rex), consumer and cultural dApps (Deek, Legend of Arcadia, Last Odyssey, Dojo3, Cooking.city, LiveArt), and fintech (Aspen Digital).

As an early investor and advisor, EVG has propelled the growth of over 10 unicorn projects and more than 150 industry-defining projects, including Celestia, Wormhole, Berachain, Pudgy Penguins, Abstract, and Infinex. By combining cutting-edge technology with capital, community, and cultural strategic alliances, EVG continues to lead the future of Web3. For more information, please visit: www.evg.co.

About Aspen Digital

Aspen Digital is a comprehensive wealth management platform for family offices and ultra-high-net-worth clients focused on digital assets. Through a unified platform, wealth management institutions and their clients can access a range of partner resources covering exchanges, staking services, structured products, and custody. Aspen Digital was co-founded by EVG and TTB Partners and is supported by notable investors, including the Rothschild family (through RIT Capital), Liberty City Ventures, and several well-known Asian funds and family offices. Aspen Digital has obtained a full license in the Abu Dhabi Global Market (ADGM) to provide brokerage, asset management, advisory, and custody services. For more information, please visit: https://www.aspendigital.co/.

About Stacks Asia DLT Foundation

The Stacks Asia DLT Foundation is dedicated to promoting the development and growth of the Stacks ecosystem in key Asian markets, including South Korea, Hong Kong, Singapore, Japan, and Southeast Asia. The foundation focuses on building strategic partnerships, market accessibility, and application proliferation, aiming to facilitate the integration and expansion of Bitcoin Layer 2 solutions in the region. The foundation collaborates with leading organizations to promote Bitcoin education, liquidity, and innovative development.

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