Kraken, Bitstamp, 1inch and Bitfinex have all set up shop in the British Virgin Islands — but you might find it tricky to book an on-site meeting with one of their executives.
More than $1 out of every $10 of the world’s tokenized US Treasuries is issued by a company incorporated in the British Virgin Islands.
That places the small Caribbean territory behind only the United States as a key jurisdiction for the rapidly growing asset class, according to BVI Finance.
BVI Finance’s Destination Digital report in June found that BVI entities accounted for approximately $1.5 billion of the $14.98 billion global market for tokenized US Treasuries as of June 1.
