Grayscale has started to get down to business. Let's build the Bitcoin ecosystem well. I'm optimistic about you.

Grayscale: Stacks Trust helps introduce DApps into the Bitcoin ecosystem and increase institutional interest

On May 24, Grayscale announced the creation of Stacks and Near Trusts yesterday. This is the first time Grayscale has created a new virtual currency trust since 2024. Grayscale said that Stacks will help introduce smart contracts and decentralized applications (dApps) into the Bitcoin ecosystem, which will increase institutional interest.

Stacks is a Bitcoin layer2 project founded in 2017. The initial version is completely linked to the Bitcoin UTXO mechanism, and the transaction speed is completely synchronized with Bitcoin, and the experience is poor. The latest Nakamoto upgrade is now fully launched in August, which will bring a transaction speed of about 10 seconds, greatly improving the interactive experience of the Stacks ecosystem.

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