TechFlow news, December 5 — According to an analysis by CryptoSlate, the "surge in Web3 foundation registrations in the Cayman Islands" is being driven by the Samuels v. Lido DAO case.
The report analyzes that a California court ruling treats unregistered decentralized autonomous organizations (DAOs) as general partnerships, exposing token holders to unlimited personal liability. Although the precedent value of this ruling is limited, its signaling effect has prompted governance projects to shift toward overseas jurisdictions seeking clearer liability separation.
The Cayman Islands, with its stable foundation company regime, allows projects to hold intellectual property, manage multisig treasuries, and adopt purpose-driven governance frameworks, while shielding token holders from personal liability. It has already attracted major industry entities such as the OpenSea Foundation.
Previous report, Web3 foundation registrations in the Cayman Islands have increased by approximately 30% since the end of 2024.
