2025.4.29
Stacks Asia Foundation Partners with EVG and Aspen Digital to Boost Stacks' Growth in Asia
[Tuesday, April 29, 2025] — The Stacks Asia Foundation is thrilled to announce a strategic partnership with Everest Ventures Group (EVG), a leading Web3 firm in Asia, and its wealth management platform, Aspen Digital. This collaboration aims to accelerate the growth and adoption of Stacks, the premier Bitcoin Layer 2 solution, across key Asian markets.
EVG will concentrate on high-potential regions, including South Korea, China, Vietnam, Thailand, Taiwan, Hong Kong, and Singapore. Their initiatives will encompass:
Allen Ng, Co-Founder of Everest Ventures Group, shared his enthusiasm:
EVG will concentrate on high-potential regions, including South Korea, China, Vietnam, Thailand, Taiwan, Hong Kong, and Singapore. Their initiatives will encompass:
- Enhancing visibility through curated appearances at major events, such as meetups, side events, and private investor gatherings.
- Launching localized marketing campaigns with culturally relevant content to engage diverse regional audiences.
- Engaging prominent investors through targeted outreach and exclusive events that showcase Stacks' potential as the leading Bitcoin Layer 2 solution.
- Activating regional influencers and establishing strategic partnerships to strengthen Stacks’ presence in local ecosystems.
Allen Ng, Co-Founder of Everest Ventures Group, shared his enthusiasm:
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"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. 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.”
Embracing Bitcoin's Evolving Role
This partnership emerges at a pivotal moment for Bitcoin. As the industry moves beyond viewing Bitcoin solely as digital gold, a new era is taking shape—one defined by real-world utility, decentralized (DeFi) applications, and the rise of Layer 2 solutions. This transformation is unlocking powerful new use cases and attracting increasing institutional interest in Bitcoin Layer 2 ecosystems.
Ng further elaborated:
This partnership emerges at a pivotal moment for Bitcoin. As the industry moves beyond viewing Bitcoin solely as digital gold, a new era is taking shape—one defined by real-world utility, decentralized (DeFi) applications, and the rise of Layer 2 solutions. This transformation is unlocking powerful new use cases and attracting increasing institutional interest in Bitcoin Layer 2 ecosystems.
Ng further elaborated:
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"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.”
Mobilizing Institutional Capital
The launch of sBTC, a trust-minimized Bitcoin asset developed on Stacks, has already garnered commitments from firms like SNZ, UTXO Capital, and Jump Crypto. Their involvement signifies growing institutional confidence in Bitcoin DeFi. Through EVG and Aspen’s extensive investor networks, the Stacks Asia Foundation aims to activate over $2 trillion in idle Bitcoin capital.
Elliot Andrews, CEO of Aspen Digital, emphasized the significance:
The launch of sBTC, a trust-minimized Bitcoin asset developed on Stacks, has already garnered commitments from firms like SNZ, UTXO Capital, and Jump Crypto. Their involvement signifies growing institutional confidence in Bitcoin DeFi. Through EVG and Aspen’s extensive investor networks, the Stacks Asia Foundation aims to activate over $2 trillion in idle Bitcoin capital.
Elliot Andrews, CEO of Aspen Digital, emphasized the significance:
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"Bitcoin is entering a new phase where holders are looking for ways it can be used in more productive ways. Stacks enables that, and we are thrilled to support them in spreading that message throughout Asia.”
Building the Future of Bitcoin
Kyle Ellicott, Executive Director at the Stacks Asia Foundation, expressed optimism about the collaboration, saying, "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.”
Kyle Ellicott, Executive Director at the Stacks Asia Foundation, expressed optimism about the collaboration, saying, "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.”
This partnership marks a significant step forward in making Bitcoin a programmable, accessible asset for users and builders throughout Asia. The combined strengths of EVG’s regional experience, Aspen’s investor network, and Stacks’ advancing technology set the stage for a new chapter in Bitcoin's evolution.
Stay connected with the Stacks Asia Foundation for more updates as we continue to bridge Bitcoin with Asia's dynamic markets.
Stay connected with the Stacks Asia Foundation for more updates as we continue to bridge Bitcoin with Asia's dynamic markets.
About the Partners
About Everest Ventures Group (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 over 300 builders, EVG has built more than 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 over 10 unicorns and more than 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 a single platform, wealth managers and their clients can access a wide range of counterparties across exchanges, staking providers, structured products, and custody solutions.
Co-founded by EVG and TTB Partners, Aspen Digital is backed by notable investors, including the Rothschild Family (through RIT Capital Partners), Liberty City Ventures, and prominent Asian funds, single-family 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 www.aspendigital.co.
About Stacks Asia Foundation
The Stacks Asia Foundation is dedicated to fostering the growth and development of the Stacks ecosystem across key Asian markets, 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.
About Everest Ventures Group (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 over 300 builders, EVG has built more than 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 over 10 unicorns and more than 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 a single platform, wealth managers and their clients can access a wide range of counterparties across exchanges, staking providers, structured products, and custody solutions.
Co-founded by EVG and TTB Partners, Aspen Digital is backed by notable investors, including the Rothschild Family (through RIT Capital Partners), Liberty City Ventures, and prominent Asian funds, single-family 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 www.aspendigital.co.
About Stacks Asia Foundation
The Stacks Asia Foundation is dedicated to fostering the growth and development of the Stacks ecosystem across key Asian markets, 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.
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
Press inquiries: press@stacksasia.foundation