DAOs Are Flocking to the Cayman Islands
-

New data shows a 70% year-over-year surge in Cayman Islands foundation company registrations, with more than 1,300 foundations active by end-2024 and 400+ new registrations already in 2025.
These foundation companies are becoming the preferred legal wrapper for DAOs.
Why?
• They can sign contracts, hire contributors, and hold IP
• They shield tokenholders from personal liability
• They offer a recognized legal structure for interacting with regulatorsAfter the 2024 Samuels v. Lido DAO ruling — which treated an unwrapped DAO as a general partnership — many communities realized they were exposed.
Cayman foundations are now filling that legal void. -
The Cayman Islands provide a favorable structure for DAOs seeking regulatory stability.