--- title: "Asset tokenization in Colombia: fiducia mercantil, the PSAV registry and custody" url: "https://www.unknowngravity.com/en/articulos/asset-tokenization-in-colombia" site: Unknown Gravity published: "2026-08-17T09:34:33+00:00" modified: "2026-08-17T09:34:33+00:00" language: en-US description: "Colombia has moved from sandbox to a functional regulatory structure: a registry of Virtual Asset Service Providers supervised by the Superintendencia Financiera and — the 2026 move — authorisation…" section: "Home > Cryptocurrencies and tokens > Asset tokenization in Colombia: fiducia mercantil, the PSAV registry and custody" --- # Asset tokenization in Colombia: fiducia mercantil, the PSAV registry and custody BLOG · LEARN WEB3 17 AUG 2026 2 MIN READ [Unknown Gravity](/en/autores-post-del-blog/unknown-gravity) ![Asset tokenization in Colombia: fiducia mercantil, the PSAV registry and custody](/wp-content/themes/unknowngravity/assets/cms/667951006e75818d48be6f95_Tokenization%20in%20real%20estate%20header.webp) **Colombia has moved from sandbox to a functional regulatory structure: a registry of Virtual Asset Service Providers supervised by the Superintendencia Financiera and — the 2026 move — authorisation for supervised entities such as trust companies and banks to offer crypto custody.** For tokenization, the countrys natural vehicle is the **fiducia mercantil**. ## The framework: SFC and the PSAV registry The Superintendencia Financiera oversees the **PSAV registry**, requiring exchanges, wallets and custodians to register and meet legal and technical standards. Regulation does not prohibit crypto-assets: it requires operating under supervision. And from 2026, **supervised trust companies and banks may custody crypto-assets** — the institutional piece that was missing for tokenization structures with first-tier custody, as we explain in our [crypto-asset custody](/en/articulos/crypto-asset-custody) guide. ## Fiducia mercantil: the Colombian vehicle Tokenization projects — Colombian proptech being the living example — are structured on the fiducia mercantil: SFC-supervised trust companies administer the autonomous estate and the fiduciary rights are represented in tokens. It is the local variant of the Latin American [fideicomiso](/en/glosario/fideicomiso), backed by one of the regions most developed trust industries. What is still missing is a specific tokenization statute — serious projects operate by structuring well, not by waiting for the perfect rule. ## What is being tokenized Real estate first (housing fractions and developments), with credit and agriculture as the next frontiers. The read for an issuer: the gap is doing it **to securities-market standards** — transfer restrictions, supervised custody, investor information — before specific regulation demands them. ## How we work with Colombian issuers Fiduciary structure with local counsel + our [seven-layer platform](/en/articulos/regulated-tokenization-platform) (registry, identity, restricted token, custody). The full regional map is in [asset tokenization in Latin America](/en/articulos/asset-tokenization-in-latin-america). *Framework as of mid-2026.* A project in Colombia? [Talk to us](/en/meeting). KEEP READING ## Related articles [17 AUG 2026 Asset tokenization in Argentina: the CNV regime, the sandbox and how to issue](/en/articulos/asset-tokenization-in-argentina) [17 AUG 2026 Asset tokenization in Mexico: the Fintech Law, CNBV and the role of the fideicomiso](/en/articulos/asset-tokenization-in-mexico) [17 AUG 2026 Asset tokenization in Chile: Fintech Law 21.521 and the CMF](/en/articulos/asset-tokenization-in-chile)