Kyle Ellicott

Exec Director for @StacksAsiaOrg Ӿ while building & investing | Host of podcasts🎙& #SpacesHost | Co-author of the Bitcoin Layer Report. prev @BTCFrontierFund

[Kyle Ellicott @kyleellicott]

An incredible milestone achieved, becoming the first Bitcoin-based foundation to establish in ADGM and getting to announce it on stage together at their Digital Asset Forum yesterday.

This marks a pivotal move for all building on Bitcoin & Stacks. Much more to come. Excited to be contributing to the future for institutional Bitcoin adoption in the Middle East, Asia & beyond🧡

Thank you to all the other DLT Foundations, Bitcoin layers & @ADGlobalMarket community who’ve reached out in support & warm welcomes.

[Stacks Asia @StacksAsiaOrg]

BREAKING - Stacks Asia Foundation becomes the first Bitcoin-based foundation recognized by ADGM.

A major leap for Bitcoin Layer 2 growth across Asia and the Middle East. 🌍

[Kyle Ellicott @kyleellicott]

@shaig @TO 👀

[Kyle Ellicott @kyleellicott]

This is the one everyone’s going to be talking about in 6 months.

Japan’s institutions just said: we’re in. 🇯🇵

- 79% planning allocations
- 55% inside 12 months
- Majority going 2-5%

Sentiment flipping positive. Regulation live. Stablecoins scaling. Infrastructure in place.

Dug into the new @LaserDigital_ & Nomura Institutional Investor Survey, the data is bigger than the headlines.

Full take: Japan’s Institutional Pivot 👇

[Kyle Ellicott @kyleellicott]

https://t.co/tD3qZ65YIK

[Kyle Ellicott @kyleellicott]

https://t.co/tD3qZ65YIK

[Kyle Ellicott @kyleellicott]

https://t.co/LPqEUlGIwP

[Kyle Ellicott @kyleellicott]

@StacksJapan @StacksAsiaOrg @Stacks 共有ありがとう！🙏

[Kyle Ellicott @kyleellicott]

@larrysalibra Great catch! Thank you, Larry 🙏

[Kyle Ellicott @kyleellicott]

🚨 AI Model drops this week...the pace is INSANE. Hope this helps, here's EVERY major release (so far)🔥:

• OpenAI GPT-5.5 & GPT-5.5 Pro (4/23) – New flagship model "intelligence for real work” & leaps in agentic capabilities

• Tencent's Hy3 preview (4/23) - a 295B parameter mixture-of-experts model

• Xiaomi MiMo-V2.5 / V2.5-Pro (4/22) – Omnimodal agentic powerhouse (text+image+audio+video). 1M+ context & frontier-level coding

• Alibaba Qwen 3.6 series (4/22) – New open 35B MoE variants, agentic coding, preserved chain-of-thought, & Qwen3.6-Max-Preview

• Kimi K2.6 (4/21) – Monster agentic coding: 4k+ tool calls, 12+ hour runs, 300 agent swarm w/parallel sub-agents

• OpenAI ChatGPT Images 2.0 (4/21) – Major image gen upgrade: superior text/multilingual rendering, built-in reasoning (“thinks” before generating) & more

• OpenAI GPT-Rosalind (4/17) – Specialized model for biological research, pharma, and life sciences

• Volcengine Adds GLM-5.1 to Coding Plan & launches Hermes Agent Plugin for ArkClaw

And..
• Vietnam 🇻🇳 & South Korea 🇰🇷 agree to partner on massive nuclear energy & AI investments.
• Taiwan's 🇹🇼16 major banks are joining forces to build their own financial AI model.

...what else dropped?

[OpenAI @OpenAI]

Introducing GPT-5.5

A new class of intelligence for real work and powering agents, built to understand complex goals, use tools, check its work, and carry more tasks through to completion. It marks a new way of getting computer work done.

Now available in ChatGPT and Codex.

[Kyle Ellicott @kyleellicott]

モルガン・スタンレーのビットコイン信託（$MSBT）が、@BTCtreasuriesのETF＆取引所ランキングで急上昇し36位にランクイン！現在 ₿1,821 を保有しています！

[日本経済新聞 電子版（日経電子版） @nikkei]

ビットコインが暗号資産で｢一人勝ち｣　中東危機､新ETFに1億ドル流入
https://t.co/bKbqUWqogJ

[Kyle Ellicott @kyleellicott]

Public speaking feels natural only when your ideas have been lived, not just studied. Build a small set you’ve tested in the field: habits that stuck, models that cut through chaos. Refine them through writing until they’re obvious to you. Then speaking becomes a simple transfer of hard-earned conviction. Influence follows execution, not performance.

[Kyle Ellicott @kyleellicott]

Published my first article on X! This one is on Bitcoin Capital Markets 🟧 in 2026

It covers the shift from dead idle capital to productive financial infra, including spot ETFs at ~7.1% of total supply, institutional growth, native Bitcoin staking, & policy developments across APAC.

Mix in that now 60%+ of Japanese 🇯🇵 institutional investors are interested in income-generating strategies such as staking and lending, per Nomura & Laser Digital's recent market survey.

[Kyle Ellicott @kyleellicott]

https://t.co/1A6nqpN0ap

[Kyle Ellicott @kyleellicott]

Nearly 80% of Japan's 🇯🇵 institutional investors plan to allocate to digital assets, with 55% intending to invest either immediately or starting next year.

Most of the institutional investors are targeting a 2–5% allocation weight.

Not so different than Bank of America's suggested 1-4% allocation target.

A depth of great insights on Japan from @LaserDigital_ & @Nomura ⏬

[Laser Digital @LaserDigital_]

New: the 2026 Institutional Investor Survey on Digital Asset Investment Trends, from @Nomura Holdings and Laser Digital

518 Japanese investment professionals. Banks, insurers, pension funds, asset managers, and family offices.

A few findings worth flagging 🧵

[Kyle Ellicott @kyleellicott]

Full article and sources: https://t.co/ctl4wreU30

Grateful to @cfcstmoritz for the long-term support and the opportunity to share ideas like this.

cc: @StacksAsiaOrg

[Kyle Ellicott @kyleellicott]

https://t.co/1A6nqpN0ap

[CoinPost（仮想通貨メディア） @coin_post]

吉川氏率いるAcross VenturesがSBI HDと戦略提携、160億円規模のマイクロVC基金を立ち上げ

✅Across Venturesが160億円規模ファンド立ち上げ、SBIがアンカーLP
✅20超のマイクロVC投資、AI・ブロックチェーンなど注力分野カバー

https://t.co/cNMCwngDa3

[Kyle Ellicott @kyleellicott]

Great primer from @WuBlockchain on Hong Kong's 🇭🇰 leading stablecoin licensing efforts.

Pay attention as Asia (HK, Japan, Vietnam) continues to establish dominance, advancing stablecoin policy & integrations.

"HKMA recently announced that, under the Stablecoins Ordinance, it had granted stablecoin issuer licenses to HSBC and Anchorpoint, a joint venture formed by Standard Chartered, Animoca Brands, & HKT. The licenses took effect immediately."

https://t.co/ad7dg55GEQ

[Kyle Ellicott @kyleellicott]

🇯🇵 JUST IN: Japan Officially Recognizes Digital Assets & Bitcoin as Financial Assets. Begins Fiscal Year 2027 Will Include Insider Trading Banned and Required Disclosures.

[日本経済新聞 電子版（日経電子版） @nikkei]

仮想通貨を「金融商品」に　金商法改正案が閣議決定、投資家保護へ
https://t.co/meMCFWGkx8

[Kyle Ellicott @kyleellicott]

Korea's🇰🇷crypto market has hit a major inflection point.

Institutions are already watching closely & positioning.

It’s one of the hottest topics in my conversations w/global investors right now.

Time for you to do the same.

@minjung315 & @Presto_Research just dropped the full blueprint for free.

Bookmark it. Study it. Get ready.

준비해!

[Presto Research @Presto_Research]

https://t.co/hPpaMEDp9f

[Kyle Ellicott @kyleellicott]

Run it back. Bitcoin entering its Productive Era w/ @muneeb of @Stacks

もう一度やるぞ。ビットコインの生産性時代に突入!

https://t.co/eV0EvitCgk

[Kyle Ellicott @kyleellicott]

@perkinscr97 @sethginns @Stacks Thank YOU 🙏 Much more to come!

[Kyle Ellicott @kyleellicott]

JUST IN: Franklin Templeton acquires 250 Digital to launch Franklin Crypto, co-led by Chris Perkins (@perkinscr97) & Seth Ginns (@sethginns).

Significant move as traditional finance expands further into digital assets.

Huge congratulations to both teams!

[Franklin Templeton Digital Assets @FTDA_US]

Today, we launched Franklin Crypto: a new dedicated, institutional-grade crypto investment management unit.

Industry veterans Chris Perkins and Seth Ginns will co-lead Franklin Crypto alongside @FTI_Global’s Tony Pecore. To expand our existing suite of actively managed crypto and blockchain VC investment offerings, Franklin Templeton will acquire 250 Digital, led by Perkins (@perkinscr97 ) and Ginns @sethginns , formerly of CoinFund. As part of the agreement, all CoinFund liquid cryptocurrency strategies will be acquired to broaden our crypto investment platform.

The transaction is expected to incorporate tokenized registered securities within its settlement structure, marking an important step toward conducting M&A transactions on chain.