Stacks Asia DLT joins Abu Dhabi Global Market (ADGM) to lead innovation in Bitcoin technologies in the Middle East and Asia

Hong Kong, China – April 28, 2025] Stacks Asia DLT has become the first institution based on the Bitcoin network to establish a presence within the Abu Dhabi Global Market (ADGM), which enhances the adoption of second-layer technologies

BTCUSD

in the Middle East and Asia. The institution also benefits from Abu Dhabi's globally leading framework for distributed ledger technologies, known for its flexibility and unique advancement.

The interim CEO of Stacks Asia DLT, Kyle Ellicott, expressed:

The interim CEO of Stacks Asia DLT, Kyle Ellicott, said:

"We chose to establish our presence in Abu Dhabi Global Market for its unique commitment to supporting innovation in blockchain, which aligns perfectly with their forward-looking approach to policy-making and the history of the Stacks system in empowering Bitcoin developers."