Stacks Partners with DeSpread to Boost Bitcoin DeFi Adoption in Korea
π°π· Why Korea?
Korea is a hotspot for crypto:
- π25% of adults own crypto
- πCrypto trading volume > stock markets
- β‘Young, tech-savvy traders drive demand for Bitcoin DeFi solutions
However, many still rely on centralized exchanges due to lack of education and complex DeFi interfaces. Stacks wants to change that by making Bitcoin DeFi more accessible.
π€ The Stacks x DeSpread Partnership
Stacks is teaming up with DeSpread, a top Web3 consulting firm, to:
- β
Educate traders on sBTC and Bitcoin Layer-2 solutions
- π
Host meetups & AMAs at BUIDL Asia & Korea Blockchain Week
- π€ Collaborate with top crypto influencers to boost awareness
π Stacks Asia Foundation: A $15M Push for Expansion
To strengthen its Asian presence, Stacks has launched the Stacks Asia Foundation, backed by a $15M fund from private investors.
Key goals:
- π Build relationships with institutions & investors
- π° Boost liquidity and accessibility of Stacks assets
- π’ Drive adoption by increasing TVL (total value locked)
The foundation will work with DeSpread, Spartan Group, and SNZ to expand in Korea, Japan, Singapore, and Southeast Asia.
π TL;DR
- Stacks partners with DeSpread to promote sBTC & Bitcoin DeFi in Korea
- Why Korea? Itβs a crypto powerhouse but lacks accessible DeFi tools
- How? Education, marketing, and local partnerships
- $15M Stacks Asia Foundation launched to expand in Korea, Japan, & SEA
- Big picture? Stacks is pushing Bitcoin DeFi adoption across Asia