Cayman Islands Web3 Foundations Surge 70%, Driven by DAO Legal Protection

New data reveals a significant rise in Cayman Islands foundation company registrations, with more than 1,300 on the books at the end of 2024 and over 400 new registrations already registered in 2025. These structures are becoming increasingly popular as legal wrappers for decentralized autonomous organizations (DAOs) and ecosystem stewards for major Web3 projects. 70% year-on-year increase, according to Cayman Finance, reflects this trend.