The Cayman operations this time have really nailed compliance. 12 tokenized funds have been launched—another +1 signal for institutions to enter.

According to Crowdfund Insider, the Cayman Finance industry association in the Cayman Islands stated that since the Cayman Islands implemented its tokenized fund regulatory framework in March this year, 12 tokenized funds have been registered with the Cayman Islands Monetary Authority (CIMA). In the same period, the total number of Cayman-registered funds rose to over 31,100, reaching a record high. Cayman Finance said that the relevant legal amendments eliminated the dual-licensing risk faced by tokenized funds and encouraged institutions to adopt them. Cayman still remains the world’s largest tax-neutral fund registration jurisdiction, with assets under management of approximately $16 trillion.