TechFlow news: According to official announcements, the Bitcoin L2 network Stacks established an Asia Foundation yesterday. This foundation will lead the growth and development of the Stacks ecosystem across Asia, building mutually beneficial relationships in key markets including South Korea, Hong Kong, Singapore, Japan, Southeast Asia, and the UAE. Organizations such as DeSpread, Spartan Group, and SNZ will serve as its strategic partners. The foundation will initially receive $15 million from private holders of Stacks to fund regional operations, with potential for additional grants in the future.
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