[Wednesday, February 19th, 2025] — We are pleased to announce our partnership with DeSpread, a Korea-based, prominent Web3 market strategy consulting firm, to accelerate Stacks adoption in Korea. This partnership reaffirms our early commitment to the region and expands our efforts to foster Bitcoin L2 innovation in key markets.

With their extensive expertise in fostering blockchain ecosystems across Asia, DeSpread will work closely with us to support the adoption of sBTC, build educational resources, and increase on-chain activity on Stacks.

Why Korea?
Korea isn’t just a strong market for Stacks—it’s a driving force in our ecosystem. With 25% of adults owning crypto and trading volumes surpassing stock markets, Korea has become a major player in the Bitcoin economy and the largest market for STX. A young, tech-savvy community fuels fast-paced trading, making it a prime region for driving liquidity into the Bitcoin DeFi space.

Still, DeFi adoption lags due to clunky user experiences and limited education, keeping many traders reliant on centralized exchanges. Stacks has a unique opportunity to change this—bringing Bitcoin DeFi yield opportunities to Korea and unlocking new waves of on-chain activity.

Reinforcing this shift, new regulations like the Virtual Asset User Protection Act (VAUPA) are creating a more stable and crypto-friendly environment. As adoption accelerates, Stacks is ready to deepen its presence—amplifying education, brand awareness, and community engagement. Korea isn’t just growing, it’s setting the pace, and Stacks is ready to build alongside it.

Driving Stacks’ Growth in Korea with DeSpread
Stacks is doubling down on Korea—partnering with DeSpread to strengthen its foothold, drive deeper engagement, and accelerating Bitcoin Layer-2 adoption. This collaboration amplifies our presence and keeps the community actively engaged and aligned with our vision.

We’re rolling out a steady stream of localized content alongside monthly activations like AMAs and meetups—creating opportunities for meaningful discussions and ongoing participation. Beyond digital engagement, Stacks will have a strong presence at leading industry events like BUIDL Asia and Korea Blockchain Week, deepening connections with the broader crypto community and potential partners.
We’re also amplifying our reach through targeted marketing campaigns and collaborations with key crypto thought leaders. By increasing Stacks’ visibility across major platforms, we’re keeping the community aligned on major milestones, upcoming initiatives, and ecosystem priorities.

TL;DR
Alongside DeSpread, the Stacks Asia Foundation is rolling out focused initiatives to accelerate adoption in Korea, including:

• Increasing awareness of the Stacks ecosystem and sBTC.
• Delivering high-quality, localized educational content.
• Building lasting community engagement through online and offline activities.

We’re excited to see the impact of this partnership and look forward to sharing key milestones and success stories along the way. And this is just the beginning—stay tuned for more expansion plans across key markets soon. 🚀

Please visit the Stacks Asia Foundation website for more information and follow @StacksAsiaOrg for updates as the Foundation continues to roll out initiatives, key partnerships, and new projects that will further establish Stacks as the premier Bitcoin layer in Asia.

Press inquiries: press@stacksasia.foundation