DeFi
Syndicate Network Launches First US-Based Decentralized Network Under Wyoming DUNA Legislation
The move signals a potential shift for DAOs to onshore legal structures, leveraging new state-level frameworks.
August 26, 2025, at 9:42 PM
Companies mentioned:
• Syndicate Network has launched a decentralized network in the U.S. under a Wyoming DUNA.
• The network is established without any offshore entities.
• The move highlights a potential shift for DAOs towards U.S.-based legal frameworks.
Syndicate Network has announced the launch of its decentralized network in the United States, making it one of the first to be established under Wyoming's Decentralized Unincorporated Nonprofit Association (DUNA) framework. This strategic decision allows the network to operate without any offshore entities, representing a significant development for the U.S. crypto industry.
The Wyoming DUNA legislation, enacted in March 2024, provides a legal structure for Decentralized Autonomous Organizations (DAOs) within the United States. This move by Syndicate highlights a growing trend of blockchain projects seeking legal clarity and operational legitimacy within the U.S. regulatory landscape, potentially encouraging other DAOs to consider onshore alternatives to the traditional offshore registrations.
Don't Miss the Next Big Shift
The Stabledash newsletter keeps you off the timeline and dialed into modern money. Five minutes daily, filtering the noise so you focus on what matters.
Join leaders at Circle, Ripple, and Visa who trust us for their stablecoin insights.