Overview Jurisdiction Al Reem Expansion Authorities Initiatives ADGM Academy Dispute Resolution
A platform that offers limitless opportunities and paves the way for a brighter future

Abu Dhabi boasts first-class infrastructure and unparalleled global connectivity, making it a premier international destination. Its exceptional qualities make it an ideal location to live, work, and conduct business.

Read about Abu Dhabi's life style
Latest Initiatives ADGM’s 2024 Performance With 245% Growth in AUMs Highlights Global Influence ADGM Completes Al Reem Island Integration, Adding Over 1,100 Entities to its Jurisdiction
Overview Business Areas Setting up Operating in Public Registers Legal Framework
Providing an environment that empowers the future

A financial centre that provides transparency, efficiency, and integrity, through its progressive frameworks, future focused infrastructure, all within a familiar independent legal jurisdiction – ADGM is the perfect platform for success.

Find out how to set up in ADGM
Latest News ADGM FSRA proposes enhancements to Cyber Risk Management ADGM’s FSRA issues alert concerning fraudulent scheme - Fake Telegram Channel
Media News Events Spotlight Podcasts Publications
Stay up-to-date with our wide range of available resources

Our community of business professionals, entrepreneurs, and investors can depend on ADGM to provide timely news and reliable insights.

Read our latest news articles
Upcoming Events Economy Middle East Summit 2025 The ADGM Employment Regulations: What You Need to Know ADGM Virtual Career Fair
Support Make an enquiry Speaking Up FAQs
We are here to help

At ADGM, we offer various support options, including contact details, FAQs, enquiry forms, and a whistleblowing form.

View available support options
Some of our FAQ topics
  • Getting started
  • Foundations regime
  • Resolution for incorporation
  • Existing auditors
  • New auditors
  • ACCESSADGM
  • Discover

    News

    Media Announcements Stacks Asia DLT Foundation Joins ADGM

    Stacks Asia DLT Foundation Joins ADGM, Pioneering Bitcoin Layer-2 Innovation in the Middle East and Asia

    3rd Party: 28 Apr 2025

    Download Arabic Disclaimer This is an external communication and is not an official statement or announcement from ADGM

    The Stacks Asia DLT Foundation has become the first Bitcoin-based foundation to establish a presence within the ADGM, furthering growing momentum for Bitcoin layer-2 adoption across the Middle East and Asia. The Stacks Asia DLT Foundation leverages ADGM's world-leading Distributed Ledger Technology (DLT) Foundations framework, recognized as the most progressive and flexible of its kind globally.  

    Kyle Ellicott, interim Executive Director of the Stacks Asia DLT Foundation, stated, "We chose to establish our presence in ADGM because of its unparalleled commitment to fostering innovation in the blockchain space. Their forward-thinking approach to policy-making aligns perfectly with the Stacks ecosystem’s history of creating pathways for Bitcoin builders.” 

     

    As the leading Bitcoin layer-2 platform, Stacks is renowned for extending Bitcoin's functionality without altering its core protocol. This expansion into ADGM builds upon Stacks' existing regulatory approval from the U.S. Securities and Exchange Commission (SEC), further solidifying its position as a compliant and trusted asset in the global cryptocurrency landscape.

    Collaborative Initiatives and Regional Impact

    The Stacks Asia DLT Foundation is set to play a pivotal role in shaping the future of Bitcoin programmability and adoption in the Middle East and Asia. The foundation plans to collaborate with local partners to offer educational programs and support initiatives that empower builders and innovators in the Bitcoin ecosystem.

    With its background in token raises, the foundation will provide crucial support for policy efforts related to crypto, Bitcoin utility, yields, and more. Stacks Asia DLT Foundation will focus on shaping regulations for digital assets and fostering an environment that promotes Bitcoin adoption across institutions and companies.

    "Our presence in ADGM allows us to bridge the gap between Asia-Pacific and the UAE, with Hong Kong serving as a strategic hub," Ellicott added. "We're excited to work in setting policies that will drive the future of blockchain technology, particularly in the realm of Bitcoin layer-2 solutions."

    Advancing Bitcoin Education and Utility

    The Stacks Asia DLT Foundation remains committed to advancing Bitcoin education and utility across the region. By leveraging its expertise in Bitcoin programmability and DeFi, the foundation aims to empower individuals and institutions with the knowledge and tools necessary to harness the full potential of Bitcoin.

    The recent launch of sBTC on the Stacks mainnet furthers this mission by providing a programmable, 1:1 Bitcoin-backed asset that unlocks Bitcoin's capabilities in decentralized finance applications, allowing users to engage in lending, trading, and other DeFi opportunities while maintaining Bitcoin's security principles.

    Commenting on the new registration, Hamad Sayah Al Mazrouei, CEO of ADGM Registration Authority, said, “The Stacks Asia DLT Foundation’s registration in ADGM highlights our commitment to fostering transformative technologies. As more leading blockchain foundations choose ADGM as their regulatory home, the region continues to serve as a key location for innovators looking for a secure and forward-thinking environment. With this addition, ADGM reinforces the UAE’s growing role in the digital asset space, paving the way for significant advancements in Bitcoin Layer-2 solutions and wider blockchain adoption across the Middle East.” 

     

    The registration of Stacks Asia DLT Foundation in ADGM comes at a time of rapid adoption of Bitcoin-based technologies and will drive forward further innovation for the Bitcoin ecosystem. 

    Related news

    View all ADGM and Chainlink Forge Alliance to Shape Global Blockchain Standards and Best Practices ADGM’s 2024 Performance With 245% Growth in AUMs Highlights Global Influence ADGM Completes Al Reem Island Integration, Adding Over 1,100 Entities to its Jurisdiction

    About

    Overview Jurisdiction Al Reem Expansion Authorities Initiatives ADGM Academy Dispute Resolution Careers

    Business

    Overview Business areas Setting up Operating in Public registers Legal framework

    Discover

    Media News Events Spotlight Podcasts Publications Documents

    Contact & Support

    Support Make an enquiry Speaking Up

    Resources

    FAQs Document Repository
    © 2025 ADGM. All rights reserved. Sitemap Terms and conditions Privacy policy Cookies policy

    We use cookies and similar technologies that are necessary to operate the website. Additional cookies are used to perform analysis of website usage. By continuing to use our website, you consent to our use of cookies. For more information, please read our Cookies Policy.

    Reject cookies Accept cookies