
#90 - Offshore & Crypto in the BVI, Caymans and Guernsey with Chris Duncan
Law of Code
The Onerous Structure of the Cayman Foundation
In a crypto context, you don't typically see any members. It tends to be onerous. And I find it so interesting that the Cayman Foundation itself can be onerous and this foundation sits on its own. This year, they're still a board of directors. So in a lot of ways it's similar to a company and you can actually have shareholders,. They call them members in Cayman, but they only have voting rights, not economic rights.
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