How the Stacks Foundation Scales Bitcoin Utility with BitGo
BitGo has added immense value through institutional-grade support, custodial solutions, and infrastructure. They’ve invested the time to understand what this industry needs—and how to build for it.”
Overview of Stacks
Stacks is building a new path for Bitcoin, one where holders can engage, build, and earn directly on the world's most secure blockchain. For the Stacks Asia Foundation, achieving this vision requires more than innovation. It means partnering with institutions who understand the pace, complexity, and security demands of the Bitcoin ecosystem. That's why Stacks chose BitGo.
The Challenge
For years, Bitcoin holders had few ways to make their capital productive. But with the rise of sBTC and the growth of Bitcoin L2s like Stacks, that's changing. The Stacks Asia Foundation supports this transformation by helping to build secure, decentralized applications on Bitcoin. To do that effectively, they needed a custody partner who could meet the bar for security, compliance, and institutional trust—while moving fast enough for a rapidly evolving market.
The Solution
BitGo brought hands-on support from day one. The Stacks Asia Foundation integrated BitGo's qualified custody and institutional staking into their operational stack through a smooth onboarding experience and later technical integrations. BitGo's team worked closely with the Foundation to support the secure management of assets, integrate new products like sBTC, and onboard institutional players seeking exposure to Bitcoin-native applications.
“BitGo has made things much easier—from custodying assets to integrating new technologies through Stacks and the broader Bitcoin ecosystem. They also help educate institutional capital that’s starting to onboard in a big way.”
Results
Since onboarding, BitGo has helped the Stacks Asia Foundation:
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Secure digital assets with regulated, qualified custody
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Enable institutional staking for broader participation
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Support a growing pipeline of institutional investors and builders
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Educate stakeholders about the new wave of Bitcoin-native utility
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Build with confidence, backed by an infrastructure partner focused on long-term growth
“BitGo isn’t just secure. They’re progressive. They work hand in hand with you to align for where this industry is going.”
Why BitGo
According to Ellicott, BitGo's value comes from a rare combination of staying power, foresight, and deep engagement. From early days working with the Bitcoin Frontier Fund to today's role in building Stacks Asia Foundation, he's seen BitGo consistently show up—not just as a service provider, but as a true partner.
"“They listen. They educate. They build. BitGo has worked across the Bitcoin ecosystem longer than almost anyone and continues to set the standard for custodianship and support.”"
Stacks is a Bitcoin L2 that enables smart contracts and decentralized applications to use Bitcoin as a secure base layer. In December 2022, the sBTC whitepaper was released along with plans for the 2024 Nakamoto Release which will bring faster speeds and transactions backed by 100% of BTC security to the Stacks Layer. The launch of sBTC will unlock Bitcoin as a fully programmable, productive asset for countless use cases. In the Stacks ecosystem, there are currently 30+ companies including a non-profit Stacks Foundation, a developer tooling company Hiro, Xverse, Trust Machines, Mechanism, Bitcoin L2 Labs, ALEX, Arkadiko etc. — it is a truly decentralized ecosystem.
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About BitGo
BitGo is the digital asset infrastructure company, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have been focused on accelerating the transition of the financial system to a digital asset economy. With a global presence and multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide.