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.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.