Hong Kong, China, April 29th, 2025, Chainwire
The Stacks Asia DLT Foundation has partnered with Everest Ventures Group (EVG), Asia’s leading Web3 group, and its wealth management arm, Aspen Digital, to fuel the growth and adoption of Stacks, the leading Bitcoin Layer 2, across Asia. This collaboration will focus on expanding Stacks' presence in high-growth markets while building strong relationships with investors and local communities.
EVG will focus on high-potential markets, including South Korea, China, Vietnam, Thailand, Taiwan, Hong Kong, and Singapore. Key efforts include:
Driving visibility through curated appearances at major events, including meetups, side events, and private investor gatherings.
Launching localized marketing campaigns with culturally relevant content to connect with diverse regional audiences.
Engaging prominent investors through targeted outreach and exclusive events that highlight Stacks' potential as the leading Bitcoin Layer-2 solution.
Activating regional influencers and building strategic partnerships to strengthen Stacks’ position in local ecosystems.
“EVG is excited to partner with Stacks, making it easier for Asian builders, users, and institutions to see the value of a Bitcoin Layer 2 in action," said Allen Ng, Co-Founder of Everest Ventures Group. "The appetite for meaningful Web3 use cases is growing fast, and from experience, we know that each market speaks its own language, not just culturally, but in how it approaches new technology."
Unlocking Bitcoin’s New Era
This partnership comes at an exciting time for Stacks and for Bitcoin broadly. As the industry shifts beyond Bitcoin’s traditional role as digital gold, a new era is taking shape—one defined by real-world utility, decentralized applications, and the emergence of Layer 2 solutions. This shift is unlocking powerful new use cases and drawing growing institutional interest in Bitcoin Layer 2 ecosystems.
“What makes Stacks particularly promising within the broader Bitcoin ecosystem is its approach to unlocking Bitcoin's latent potential. It's not just about faster or cheaper transactions; it's about bringing programmability and true utility to the world's most secure and decentralized asset," added Ng.
Driving Institutional Momentum: $2 Trillion in Idle BTC Capital Activation
Firms like SNZ, UTXO Capital, and Jump Crypto have already committed capital in the recent launch of sBTC, a trust-minimized Bitcoin asset developed on Stacks. Their involvement signals growing institutional confidence in Bitcoin DeFi and, through EVG and Aspen’s deep investor ties, the Stacks Asia DTL Foundation is accelerating the activation of over $2 trillion in idle BTC capital.
“Bitcoin is entering a new phase where holders are looking for ways it can be used in more productive ways”, said Elliot Andrews, CEO of Aspen Digital. “Stacks enables that, and we are thrilled to support them in spreading that message throughout Asia.”
Partnering to Build Bitcoin’s Future
"The era of Bitcoin utility is here, and Stacks is uniquely positioned to lead the way by unlocking Bitcoin’s full potential beyond its 'digital gold' narrative. With EVG’s expertise in driving adoption and building awareness across key Asian markets, this partnership will be instrumental in creating momentum for the Stacks ecosystem. Together, we aim to accelerate the adoption of Bitcoin layer-2 solutions, fostering innovation and empowering communities across the region," said Kyle Ellicott, Executive Director at the Stacks Asia DTL Foundation.
With EVG’s regional experience, Aspen’s investor network, and Stacks’ rapidly advancing technology, this collaboration represents a major step forward in making Bitcoin a programmable, accessible asset for users and builders throughout Asia.
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About EVG
Founded in 2018, Everest Ventures Group (EVG) is Asia’s leading Web3 Group, driving global mass adoption of blockchain technology. Headquartered in Hong Kong with a global team of 300+ builders, EVG has built 15+ products across verticals, including consumer infrastructure (Edgen AI, T-Rex), consumer and culture dApps (Deek, Legend of Arcadia, Last Odyssey, Dojo3, Cooking.city, LiveArt), and Fintech (Aspen Digital).
As an early investor and advisor, EVG has catalyzed the growth of 10+ unicorns and 150+ industry-defining projects, including Celestia, Wormhole, Berachain, Pudgy Penguins, Abstract, and Infinex. By bridging cutting-edge technology with strategic alliances across capital, communities, and culture, EVG continues to shape the future of Web3. Learn more at www.evg.co.
About Aspen Digital
Aspen Digital is a full-service private wealth management platform built for family offices and ultra-high net worth clients allocating into digital assets. Through one platform, wealth managers and their clients can access a range of counterparties across exchanges, staking providers, structured products, and custody. Co-founded by EVG and TTB Partners, Aspen Digital is backed by notable investors, including the Rothschild Family (through RIT Capital), Liberty City Ventures, and prominent Asian funds, single and multi-family offices. Aspen Digital is licensed and fully regulated in ADGM to provide broker-dealer, asset management, advisory, and custody services. Learn more at https://www.aspendigital.co/.
About Stacks Asia DLT Foundation
The Stacks Asia DLT Foundation is dedicated to fostering the growth and development of the Stacks ecosystem across key markets in Asia, including Korea, Hong Kong, Singapore, Japan, and Southeast Asia. With a focus on strategic partnerships, market accessibility, and adoption, the foundation aims to enhance the integration of Bitcoin layer-2 solutions in the region. The foundation collaborates with leading organizations to advance Bitcoin education, liquidity, and innovation.
Disclaimer. This is a paid press release.
