--- title: "Asset tokenization in Mexico: the Fintech Law, CNBV and the role of the fideicomiso" url: "https://www.unknowngravity.com/en/articulos/asset-tokenization-in-mexico" site: Unknown Gravity published: "2026-08-17T09:34:33+00:00" modified: "2026-08-17T09:34:33+00:00" language: en-US description: "In Mexico, tokenizing an asset follows two clear paths: if the token represents a security (debt or equity), it falls under the Securities Market Law supervised by the CNBV; if it represents…" section: "Home > Cryptocurrencies and tokens > Asset tokenization in Mexico: the Fintech Law, CNBV and the role of the fideicomiso" --- # Asset tokenization in Mexico: the Fintech Law, CNBV and the role of the fideicomiso BLOG · LEARN WEB3 17 AUG 2026 2 MIN READ [Unknown Gravity](/en/autores-post-del-blog/unknown-gravity) ![Asset tokenization in Mexico: the Fintech Law, CNBV and the role of the fideicomiso](/wp-content/themes/unknowngravity/assets/cms/667951006e75818d48be6f95_Tokenization%20in%20real%20estate%20header.webp) **In Mexico, tokenizing an asset follows two clear paths: if the token represents a security (debt or equity), it falls under the Securities Market Law supervised by the CNBV; if it represents non-financial assets — real estate, art, commodities — it is structured under private law, typically with a fideicomiso.** There is no specific tokenization statute yet, but there is a regulated ecosystem to operate in seriously. ## The framework: Fintech Law and CNBV The **Fintech Law** (2018, with a reform published in November 2025) created the ITFs and the CNBV-run **regulatory sandbox**, which allows innovative models — tokenization included — to be tested in a controlled environment. Electronic payment institutions must keep user funds segregated, typically in bank **trust accounts**: estate segregation is part of the systems DNA. ## Tokenized securities: the CNBV route Tokenizing **debt or equity securities** falls under the Securities Market Law: authorisation, disclosure, solvency and investor protection. It is the functional equivalent of the European principle we explain for [Spain](/en/articulos/tokenizacion-regulada-en-espana) — same instrument, same rules, whatever the registry technology. ## Non-financial assets: fideicomiso country For real estate, art or commodities there is no specific tokenization regulation: serious projects are structured through the [fideicomiso](/en/glosario/fideicomiso) — autonomous estate, regulated trustee, beneficiary rights fractionable into tokens — complying with civil, tax and AML rules. With «fideicomiso» searched 27,000 times a month in Mexico, the figure is not exotic: it is the cultural standard of structuring. ## How we work with Mexican issuers Infrastructure and method from Spain, local counsel for the Mexican layer: asset classification, vehicle (fideicomiso or securities issuance), token standard with transfer restrictions and segregated custody — the usual [seven layers](/en/articulos/regulated-tokenization-platform). The regional map is in [asset tokenization in Latin America](/en/articulos/asset-tokenization-in-latin-america). *Framework as of mid-2026; the fintech reform is still evolving.* A project in Mexico? [Talk to us](/en/meeting). KEEP READING ## Related articles [17 AUG 2026 Asset tokenization in Latin America: the country-by-country regulatory map (2026)](/en/articulos/asset-tokenization-in-latin-america) [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 Colombia: fiducia mercantil, the PSAV registry and custody](/en/articulos/asset-tokenization-in-colombia)