Stacks Asia DLT Foundation Partners with Abu Dhabi Global Market (ADGM) to Accelerate Institutional Bitcoin Adoption

In a strategic move to accelerate institutional Bitcoin adoption across the Middle East and Asia, the Stacks Asia DLT Foundation has partnered with Abu Dhabi Global Market (ADGM), one of the fastest-growing international financial centers.

Abu Dhabi Global Market (ADGM), one of the fastest-growing international financial centers in the world, has partnered with Stacks Asia DLT Foundation to accelerate institutional Bitcoin adoption across the Middle East and Asia.

This partnership marks the first official presence of a Bitcoin-centric organization in the Middle East.

Announced on April 28, the partnership will see the foundation carry out programs to support Bitcoin developers and educate the public on the token’s programmability.

The partnership will also see Stacks integrate with ADGM to facilitate seamless institutional participation in the Bitcoin economy and set new standards for technical innovation and regulatory clarity.

“Stacks and ADGM are a powerful combination for accelerating Bitcoin adoption across the Middle East and Asia. ADGM’s reputation as a world-class financial hub – the ‘Capital of Capital’ – underscores the importance of this collaboration in shaping the future financial landscape,” said Kyle Ellicott, Executive Director of Stacks Asia DLT Foundation.

The foundation will begin rolling out a series of live and virtual events in May to provide institutions with the knowledge they need to integrate Bitcoin into their operations.

The initiative will highlight the growing opportunity around productive Bitcoin capital, a theme that is central to Stacks’s educational strategy.

The partnership will also see Stacks continue to advocate globally for progressive regulatory frameworks that prioritize decentralization, innovation, security, and compliance in the Bitcoin ecosystem.

A key focus will be the Bitcoin Capital Activation Framework, a policy blueprint designed to help governments maximize Bitcoin’s potential for economic growth.

Stacks will also launch the Bitcoin Policy Bridge this May, an initiative that will bring together regulators from major Middle Eastern and Asian jurisdictions to encourage cooperation and understanding.

The partnership follows ADGM’s memorandum of understanding with the Solana Foundation, which was announced in February.

Earlier this year, the regulator also launched a $100 million initiative to support blockchain startups in Abu Dhabi.

This partnership is part of ADGM’s broader strategy to position itself as a leading hub for Web3 technologies and institutions.

As the world’s attention turns to the potential of Bitcoin to transform the global financial system, this partnership is poised to play a pivotal role in shaping the next phase of institutional Bitcoin adoption.