Stacks founder Muneeb Ali said he plans to assign intellectual property to the Stacks Endowment and explain how Bitcoin bonds drive value to $STX, outlining priorities for his first 30 days as Stacks Labs CEO.
“We’ll assign all IP to the endowment, which has no shareholders,” Ali wrote in an Oct. 6 post, saying the aim was to make clear that “all value accrues to $STX.” He also promised to publish the value-accrual mechanics.
Ali also plans to expand institutional business development and shorten the path from initial interest to live Bitcoin bonds. He said demand for the bonds is increasing.
