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Stiftung (Swiss Foundation): Definition and Blockchain Applications
A Stiftung — the German word for foundation — is Switzerland's mission-locked, non-profit legal entity. It has no shareholders, no owners, and its assets are irrevocably dedicated to its stated purpose. It is the legal structure chosen by the Ethereum Foundation, Web3 Foundation, Cardano Foundation, Tezos Foundation, Solana Foundation, NEAR Foundation, and dozens of other major blockchain protocol foundations based in Zug.