Stacks is a Bitcoin L2, bringing smart contract functionality to Bitcoin, without modifying Bitcoin itself. Stacks takes a pyramid approach, where you have the foundational settlement layer at the bottom (Bitcoin), and then a layer on top of that to add smart contracts and programmability (Stacks), and then layers on top of that for scalability and speed (Hiro's Subnets).

Stacks Fundraising

Fundraising Event

Round	Amount	Valuation	Date	Investors
Public Sale	$23M	--	Sep 10, 2019
--	$8M	--	Jul 24, 2019	SNZ Holding* HashKey Capital* The Spartan Group Fundamental Labs Fenbushi Capital IOSG Ventures
ICO	$52M	--	Dec 04, 2017	Foundation Capital HTX Ventures Kevin Rose Lux Capital ZhenFund FBG Capital Arrington Capital Digital Currency Group Winklevoss Capital Blockchain Capital
Series A	$4M	$25M	Jan 06, 2017	Lux Capital Rising Tide Kal Vepuri Digital Currency Group Version One Naval Ravikant
Seed	$2M	$25M	Nov 13, 2014	SV Angel Naval Ravikant

Investor

Stacks Team

Investor Relations Lead

Stacks Investment Portfolio

Rounds in the Past Year

Historical Rounds

Lead Investments

Portfolio Numbers

Project	Funding Status	Region	Categories	Ecosystem	Founded	Token Issuance
StackSwap	Seed		DEX DeFi Launchpad	Stacks	Jan 01, 2021	With Token
Opensea	Series C	United States	NFT marketplace NFT	Solana Ethereum Optimism Polygon BNB Chain Zora Avalanche Base Klaytn Sei Network Arbitrum Blast	Jan 01, 2017	No Token
dlcBTC		Hungary	Cross-chain Bridge Bitcoin Ecosystem	Bitcoin	Jan 01, 2021	No Token

Stacks

STX

+0.64%

Total dollar volume24H

$325,741,277

High24H

1.96 USDT

Low24H

1.747 USDT

Market Cap

#43$2,840,732,506

FDV

$2,840,872,478

Turnover rate

11.47%

Circulating supply

1,501,444,242

Total supply

1,501,518,223

Max supply

1,818,000,000

All time high

3.8464 USDT

All time high date

Apr 01, 2024

Down from All time high

-50.81%

Cycle low

1.056 USDT

Cycle low date

Aug 05, 2024

Up from cycle low

79.17%

Official links

Socials

Introduction

Stacks (formerly Blockstack) is a decentralized platform that enables smart contracts and decentralized applications (DApps) to run on Bitcoin, extending Bitcoin's functionality without altering its core features. By leveraging Bitcoin's security and stability, Stacks allows developers to build on the world’s most secure blockchain. The platform uses the Clarity smart contract language, known for its predictability and security, distinguishing itself from other contract languages by ensuring developers know the exact behavior of their contracts before execution.

Originally developed by Blockstack PBC and co-founded by Muneeb Ali and Ryan Shea, the project was born from academic research and evolved into a broader ecosystem. Key milestones include the launch of the Blockstack browser in 2017, which provided early access to DApps, and a regulated token offering under SEC Regulation A+ in 2019, making Blockstack one of the first blockchain projects to conduct such an offering.

In 2021, Stacks 2.0 introduced major advancements like Proof-of-Transfer (PoX), connecting Stacks’ consensus directly to Bitcoin while enabling smart contracts via Clarity.

By 2024, Stacks had implemented the Nakamoto upgrade, a significant advancement aimed at improving transaction speeds and finality guarantees. This upgrade also introduced sBTC, a trustless, Bitcoin-backed asset, unlocking new opportunities for decentralized finance (DeFi) applications built on Bitcoin. The Nakamoto upgrade has further cemented Stacks' role as a leading Layer 2 solution for Bitcoin, enabling smart contract functionality and transforming BTC into a fully programmable asset.

Above are only for introduction, not intended as investment advice.

Terms

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