Stacks officially established the Asia Foundation recently, marking a significant step in its global strategic plan. The foundation will initially receive $15 million in funding. The establishment of the Stacks Asia Foundation aims to deepen relationships with major markets such as South Korea, Hong Kong, Singapore, Japan, Southeast Asia, and the UAE. Through a series of strategic initiatives, it will drive further growth and adoption of the Stacks ecosystem. Key focuses include supporting strategic partnerships and programs for local builders, ensuring liquidity and accessibility of critical ecosystem assets, and accelerating the total value locked (TVL) of the Stacks layer through support for key Stacks ecosystem teams. This will pave the way for large-scale adoption of Bitcoin Layer2. Additionally, Stacks is set to perform a hard fork at block height 861500 to activate the Nakamoto upgrade. This upgrade will significantly increase transaction speed from the current 10-30 minutes to 5-10 seconds, further optimizing user experience and enhancing Stacks platform competitiveness and appeal.