Wyoming is gaining traction as a preferred state for LLC registration, challenging Delaware's long-standing dominance. Entrepreneurs and funds are increasingly opting for Wyoming due to its lower costs, enhanced privacy, and asset protection. The state's supportive regulatory environment, including DAO legislation and the absence of state income tax, is attracting Web3 and tech startups to relocate their registrations. This shift highlights Wyoming's growing appeal as a business-friendly jurisdiction in the United States.