Stacks Asia Partners with Abu Dhabi Global Market to Drive Bitcoin Adoption in Middle East and Asia
The Stacks Asia DLT Foundation has achieved a major milestone, becoming the first Bitcoin-focused organization to officially establish a presence in the Middle East. By partnering with the Abu Dhabi Global Market (ADGM), Stacks Asia is setting the stage for accelerated Bitcoin adoption across institutional sectors in the Middle East and Asia.
Strategic Partnership to Foster Bitcoin Economy Growth
Announced on April 28, the collaboration between Stacks Asia and ADGM marks a pivotal step in advancing Bitcoin’s layer-2 (L2) technology and promoting broader institutional involvement.
Through this partnership, the two organizations aim to:
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Boost educational initiatives
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Support Bitcoin builders
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Shape regulatory clarity and technical growth for Bitcoin in emerging markets
According to Kyle Ellicott, Executive Director at Stacks Asia DLT Foundation, the partnership will be instrumental in defining Bitcoin’s role in a fast-evolving global economy:
“Stacks and ADGM are a powerful combination for accelerating Bitcoin adoption across the Middle East and Asia,” Ellicott shared.
“ADGM has firmly established itself as a world-class financial hub at the heart of the UAE, known as the ‘Capitol of Capital,’ where innovation and investment converge to shape the future of finance.“
Educational and Real-World Adoption Initiatives Launching in May
Starting May 2025, Stacks Asia will roll out a series of live and virtual educational programs. These initiatives are designed to:
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Empower institutions with knowledge on integrating Bitcoin solutions
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Establish regional developer communities
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Promote real-world adoption of Bitcoin-powered applications
Ellicott emphasized the importance of these efforts, noting they would help institutions understand the opportunity of productive Bitcoin capital and how Bitcoin can serve as a backbone for future financial systems.
Global Push for Progressive Bitcoin Regulations
Beyond regional expansion, Stacks Asia is committed to advancing global regulatory frameworks that balance decentralization, security, innovation, and compliance.
“We’re not just focused locally — our team is engaged globally, advocating for frameworks that unlock Bitcoin’s potential while ensuring responsible innovation,” Ellicott explained.
Developing the Bitcoin Capital Activation Framework
As part of its regulatory strategy, Stacks Asia is working on the Bitcoin Capital Activation Framework — a comprehensive policy blueprint aimed at helping regulators foster Bitcoin utility within their jurisdictions.
Additionally, the organization will launch the Bitcoin Policy Bridge in May, an international working group connecting regulators across the Middle East and Asia to strengthen understanding and cooperation in the Bitcoin economy.
Abu Dhabi’s Growing Role in Blockchain Innovation
This partnership builds on Abu Dhabi’s growing blockchain momentum. Earlier this year, ADGM signed a memorandum of understanding with the Solana Foundation to promote distributed ledger technology development, signaling the emirate’s rising prominence as a global blockchain hub.
With Stacks Asia joining forces with ADGM, Abu Dhabi is reinforcing its position as a leader in shaping the future of decentralized finance.
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