Cayman Finance says there are now over 31,000 registered funds, hitting a record high.
According to the group, the total number of domiciled funds in the Cayman Islands increased by 547 in the first 6 months of 2026, hitting 31.145. This includes 18,132 private funds and 113,013 mutual funds (hedgies register under this). Private funds increased by 410, a 42% increase since the beginning of 2021.
The number of tokenized funds registered with Cayman Islands Monetary Authority (CIMA) has risen to 12 since the country’s statutory framework for tokenized fund structures came into force in March 2026.
Cayman Finance explains that amendments to Cayman’s Mutual Funds Act, the Private Funds Act and the VASP Act removed a dual-licensing risk that had slowed institutional applications. The group highlights Fidelity International’s new tokenized fund, the Fidelity USD Digital Liquidity Fund, which offers round-the-clock liquidity through blockchain-based issuance and redemption.
Reportedly, demand for hedge fund structures has increased and a recent survey of 180 managers found that 56% of emerging hedge fund managers domicile their flagship fund in Cayman, up from 55% in 2024.
Cayman claims the title of the world’s largest tax-neutral fund domicile, with more than twice as many funds as Luxembourg, its nearest competitor.
Cayman funds managed USD $16 trillion in total assets at the end of 2024, with a net asset value of USD $9.2 trillion.
Data from the US Securities and Exchange Commission shows the jurisdiction accounts for approximately 31% of all US private fund assets and 54% of US hedge fund assets.
