# Examples of Trusts used by Web3 Funds

### Cayman Island Trust Structures

#### As explain in the previeous SPV section, these are the two structures used for creation of Orphaned SPVs

#### Charitable Trust

#### Start Trust

### US Trust Structures

#### Delaware Statutory Trust

A Delaware Statutory Trust (DST) is a legal structure that allows multiple investors to pool their money to own a share of an asset, typically real estate, without being involved in its day-to-day management. The trust itself holds and manages the asset, distributing income generated from it to the investors. DSTs provide limited liability, protecting investors from personal liability beyond their investment.

In asset securitization, a DST can be used to bundle the income from these assets into securities, which can be sold to other investors, offering a way to spread risk and provide liquidity. The trust is not considered a taxable entity and, therefore, all profits, losses, etc. are passed through directly to the investors.


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