The right entity, in the right jurisdiction

We form and administer web3 structures across the jurisdictions purpose-built for digital assets. Here's where we work, what each is best for, and how we decide between them.

Compare at a glance

Jurisdiction	Region	Primary structure	Best for
KYCayman Islands	Caribbean	Foundation Company	Token issuanceDAO foundationsFunds
VGBritish Virgin Islands	Caribbean	Business Company	Token issuanceIncubator fundsHolding cos
CHSwitzerland	Europe	Foundation / Association	Protocol foundationsToken issuance
AEUnited Arab Emirates	Middle East	Free-zone foundation / company	DAO wrappersOperating cosToken issuance
MHMarshall Islands	Pacific	DAO LLC	Native DAO LLCsOn-chain governance
SGSingapore	Asia	Company / VCC	Operating cosFunds
PAPanama	Central America	Private Interest Foundation	DAO wrappersAsset holding
BMBermuda	North Atlantic	Exempted company (DABA)	Regulated exchangesStablecoinsSecurity tokens
LULuxembourg	Europe	Fund / securitisation vehicle	Investment fundsSecuritisationInstitutional RWA
MTMalta	Europe	Company / fund (MiCA)	EU token issuanceTokenised fundsRWA tokenisation
DEDelaware	North America	LLC / C-Corp / UNA	US capital raisingIP holdingDAO UNAs

The jurisdictions we work in

Each has a role. We pair them — and choose between them — based on your token, treasury, team and counterparties.

Cayman Islands

Caribbean · Foundation Company

The default for serious token projects and DAOs. Foundation companies offer ownerless structures, strong creditor protection and a deep service-provider ecosystem.

Token issuanceDAO foundationsFunds

British Virgin Islands

Caribbean · Business Company

Fast, flexible and cost-efficient. BVI business companies and incubator funds pair well with Cayman foundations for token issuance and early-stage fund structuring.

Token issuanceIncubator fundsHolding cos

Switzerland

Europe · Foundation / Association

Zug's Crypto Valley remains the credibility benchmark for protocol foundations, with clear FINMA token guidance and a mature legal and banking landscape.

Protocol foundationsToken issuance

United Arab Emirates

Middle East · Free-zone foundation / company

ADGM, DMCC and VARA-regulated free zones offer purpose-built foundation and DAO regimes, real substance, and a fast-growing operating base for web3 teams.

DAO wrappersOperating cosToken issuance

Marshall Islands

Pacific · DAO LLC

The first jurisdiction to recognise DAOs as legal entities natively. The DAO LLC gives on-chain governance direct legal effect with minimal off-chain overhead.

Native DAO LLCsOn-chain governance

Singapore

Asia · Company / VCC

A premium operating and fund hub. Private companies and Variable Capital Companies suit labs entities and funds that need substance and an institutional reputation.

Operating cosFunds

Panama

Central America · Private Interest Foundation

Private interest foundations are a low-cost, ownerless wrapper for DAOs and asset-holding, with privacy and flexibility for community-governed structures.

DAO wrappersAsset holding

Bermuda

North Atlantic · Exempted company (DABA)

The institutional, regulated home for digital asset businesses. The pioneering Digital Asset Business Act (DABA) suits licensed exchanges, custodians, security token offerings and stablecoin issuers.

Regulated exchangesStablecoinsSecurity tokens

Luxembourg

Europe · Fund / securitisation vehicle

An institutional EU hub for investment funds, securitisation vehicles and regulated crypto-asset activity, suited to sophisticated fund and RWA structures supported by an established financial-services ecosystem.

Investment fundsSecuritisationInstitutional RWA

Malta

Europe · Company / fund (MiCA)

The EU's blockchain island. A MiCA-aligned member state with EU passporting, an effective ~5% corporate tax rate, and explicit MFSA guidance for tokenised funds and RWA issuance.

EU token issuanceTokenised fundsRWA tokenisation

Delaware

North America · LLC / C-Corp / UNA

The default US legal anchor. The go-to entity for raising from US VCs, running US-facing operations, holding IP, and DAO UNAs — within the US regulatory landscape.

US capital raisingIP holdingDAO UNAs

Not sure which jurisdiction fits?

Tell us about your protocol, token and team and we'll recommend the structure and jurisdiction that fit — and what setting it up involves.

A structuring recommendation, not a sales call
Direct answers from people who form these entities
No obligation, full confidentiality