Stacks Asia Registers in Abu Dhabi to Boost Bitcoin Adoption

The Stacks Asia DLT Foundation has officially registered in the Abu Dhabi Global Market (ADGM), marking a significant milestone as the first Bitcoin-based foundation to establish a presence in the region. This strategic move is aimed at accelerating institutional Bitcoin adoption across the Middle East and Asia. By partnering with ADGM, one of the fastest-growing international financial centers, Stacks Asia is positioning itself at the forefront of Bitcoin innovation and regulatory compliance.

The collaboration between Stacks Asia and ADGM is designed to enhance Bitcoin’s programmability and adoption through targeted educational initiatives and comprehensive support for Bitcoin developers. This partnership seeks to streamline institutional participation in the Bitcoin economy and set new benchmarks for regulatory transparency and technical advancement. The goal is to foster a more robust and transparent Bitcoin ecosystem, benefiting both institutions and individual users.

Kyle Ellicott, Executive Director of Stacks Asia DLT Foundation, emphasized the importance of this partnership, stating, “Stacks and ADGM are a powerful combination for accelerating Bitcoin adoption across the Middle East and Asia. ADGM’s reputation as a world-class financial hub underscores the importance of this collaboration in shaping the future financial landscape.” The initiative will include a series of live and virtual events starting in May, aimed at equipping institutions with the knowledge necessary to integrate Bitcoin into their operations. The focus will be on the growing opportunity around productive Bitcoin capital, a central theme in Stacks’ educational strategy.

Beyond regional efforts, Stacks Asia is advocating globally for progressive regulatory frameworks that foster decentralization, innovation, security, and compliance in the Bitcoin ecosystem. A key component of this strategy is the Bitcoin Capital Activation Framework, a policy blueprint aimed at enabling governments to leverage Bitcoin’s economic potential. Additionally, Stacks will launch the Bitcoin Policy Bridge this May, an initiative that will convene regulators from major Middle Eastern and Asian jurisdictions to foster greater understanding and cooperation.

This partnership follows ADGM’s recent memorandum of understanding with the Solana Foundation in February, indicating the regulator’s broader commitment to advancing distributed ledger technologies. As Bitcoin’s institutional footprint continues to expand, the alliance between Stacks Asia and ADGM is poised to play a pivotal role in shaping the next chapter of global Bitcoin adoption. This strategic move not only enhances the foundation’s operational capabilities but also underscores its commitment to driving innovation and regulatory compliance in the Bitcoin ecosystem.