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Stacks established the Asia Foundation yesterday, which will receive an initial grant of $15 million. The Stacks Asia Foundation is committed to establishing mutually beneficial relationships in major markets such as South Korea, Hong Kong, Singapore, Japan, Southeast Asia, and the United Arab Emirates. The focus will include strategic partnerships and plans to support local builders, as well as efforts to ensure the liquidity and accessibility of key ecosystem assets. By supporting key Stacks ecosystem teams, we aim to drive TVL, regional visibility, and user growth in the Stacks layer. This move will lay a solid foundation for the large-scale adoption of Bitcoin Layer2. It is reported that Stacks will soon undergo a hard fork at block height 861500 to activate Nakamoto upgrade. This upgrade is expected to increase trading speed from the current 10-30 minutes to 5-10 seconds. @dureadan54
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