In what might be the most strategic Bitcoin move in Asia this year, Stacks Asia Foundation has officially partnered with Everest Ventures Group (EVG) and Aspen Digital to supercharge Bitcoin’s Layer 2 adoption across the region.
Think: Bitcoin, but programmable. DeFi, NFTs, and real yield — secured by the king chain.
Each partner brings its own superpower to the table:
Together? They’re gunning for South Korea, Vietnam, Singapore, China, and every Bitcoin-heavy wallet in between.
It’s Layer 2 for Bitcoin, meaning it adds smart contracts and app logic without messing with Bitcoin’s base layer.
Key product: sBTC — a trust-minimized, programmable version of Bitcoin that lets you use BTC in DeFi without wrapping it in Ethereum spaghetti.
Big backers like Jump Crypto and SNZ are already supporting it. The prize? Tapping into $2 trillion in idle BTC.
EVG’s Allen Ng breaks it down:
“This is about turning passive Bitcoin into an active, yield-generating asset. Asia is ready.”
Aspen’s Elliot Andrews agrees — family offices and institutions want more than HODLing. They want utility. They want DeFi. They want Stacks.
This partnership isn’t just about tech. It’s about storytelling, education, and money.
Expect meetups, dev workshops, and DeFi launches across Asia starting in Q2 2025.
This is the beginning of the "programmable Bitcoin" era — and Asia might be where it finally takes off.
Stacks enables:
As Kyle Ellicott of Stacks Asia puts it:
“Bitcoin is no longer just a vault. It’s becoming a platform.”
Bitcoin isn’t evolving. It’s being rebuilt from the outside in — and Asia’s leading the charge.
Have questions or want to collaborate? Reach us at: info@ath.live