Cayman Islands, US and Gibraltar Are Top Crypto Hedge Fund Jurisdictions
Gibraltar leapt into the top three, overtaking the British Virgin Islands and Luxembourg.

The Cayman Islands, U.S. and Gibraltar are the top locations where crypto hedge funds are domiciled, according to a report by PwC and Elwood Asset Management.
- The Cayman Islands and the U.S. maintained their positions as the top two places where crypto hedge funds are domiciled, although their market shares declined overall.
- Gibraltar overtook the British Virgin Islands and Luxembourg for third place, pushing down Liechtenstein and the others, according to the report.
- The report, the companies' third annual research report into global crypto hedge funds, highlights that the fund managers themselves are located elsewhere, mainly the U.S. and U.K.
Read more: Hedge Fund Behind One River Digital to Invest Part of $5.6B Fund in Crypto: Report
More For You
State of the Blockchain 2025

L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
알아야 할 것:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Coinbase agrees to buy The Clearing Company to deepen prediction markets push

The deal brings a team with specialized experience building event-based trading systems, including veterans from Polymarket and Kalshi.
알아야 할 것:
- Coinbase is acquiring The Clearing Company, a startup with experience in prediction markets, to help grow its newly introduced platform.
- The deal brings in a team with specialized experience building event-based trading systems, including veterans from Polymarket and Kalshi.
- The acquisition is part of Coinbase's plan to become an "Everything Exchange", offering a wide range of trading options, including novel cryptocurrencies, perpetual futures contracts, stocks, and prediction markets.











