Topic: Web3

Efficient, transparent stablecoins are putting pressure on the banks and driving a pragmatic financial revolution.

Cayman-based Open World entered into a letter of intent to merge with Nasdaq-listed VerifyMe, in a move that cements the jurisdiction’s growing reputation as a Web3 hub.

During the course of the year, the jurisdiction made significant advances towards becoming a global centre for Web3 businesses.

The latest data reveals the changing face of finance in Cayman, with more Web3 foundation companies registered in the jurisdiction.

Enterprise Cayman recently produced its first Web3 workshop and will now offer accessible Web3 education opportunities, in addition to coding and cybersecurity education for Caymanians and residents.