--- title: "Asset tokenization in Venezuela: a crypto framework on hold, SUNAVAL and how to structure under uncertainty" url: "https://www.unknowngravity.com/en/articulos/asset-tokenization-in-venezuela" site: Unknown Gravity published: "2026-09-21T12:09:03+00:00" modified: "2026-09-21T12:27:00+00:00" language: en-US description: "Venezuela was among the first countries to regulate crypto-assets and is today among the most uncertain: Sunacrip has been under intervention since 2023 and the 2018 framework exists more on paper…" section: "Home > Cryptocurrencies and tokens > Asset tokenization in Venezuela: a crypto framework on hold, SUNAVAL and how to structure under uncertainty" --- # Asset tokenization in Venezuela: a crypto framework on hold, SUNAVAL and how to structure under uncertainty BLOG · LEARN WEB3 21 SEP 2026 2 MIN READ [Jesús Sánchez Fernández](/en/autores-post-del-blog/jesus-sanchez) ![Asset tokenization in Venezuela: a crypto framework on hold, SUNAVAL and how to structure under uncertainty](/wp-content/themes/unknowngravity/assets/cms/667951006e75818d48be6f95_Tokenization%20in%20real%20estate%20header.webp) **Venezuela was among the first countries to regulate crypto-assets and is today among the most uncertain: Sunacrip has been under intervention since 2023 and the 2018 framework exists more on paper than in practice.** At the same time, stablecoin use is among the highest in the world and there are real assets — real estate, agriculture, energy — hungry for financing. Tokenization there is an exercise in structuring under uncertainty. ## The framework: an intervened Sunacrip and SUNAVAL The 2018 Constituent Decree created a comprehensive crypto-asset regime under **Sunacrip**; in 2023 the superintendence was intervened and restructured, and since then the authorised operations of local exchanges and providers have been suspended or very limited. Securities remain under **SUNAVAL** and the Securities Market Law. The honest thing is to say it: there is today no predictable local route to issue tokens with full legal certainty. ## The vehicle: the trust and structures outside the country Venezuela has had a trust law since 1956 and bank trustees; the local variant of the Latin American [fideicomiso](/en/glosario/fideicomiso) exists. In practice, projects seeking Venezuelan or diaspora investors structure the vehicle in jurisdictions with a framework (Spain, Panama, Uruguay, El Salvador) and connect the Venezuelan asset or cash flow through contracts and guarantees — with local counsel and a serious sanctions and compliance analysis. ## What is being tokenized Almost nothing in a regulated way inside the country; quite a lot from outside: rental income, diaspora assets and agricultural and energy projects seeking international capital. The reading for an issuer: small-ticket and digital-dollar investor demand is real; the vehicle and the regulator have to be where there is a framework. ## How we work with issuers in the country The anatomy does not change from country to country: classification of the asset, a vehicle with segregated assets, a token with transfer restrictions, verified identity on every transfer and serious custody — the [seven-layer platform](/en/articulos/regulated-tokenization-platform) we build, with the local legal layer on top and a local counsel alongside. The full map of the region is in [tokenization in Latin America](/en/articulos/asset-tokenization-in-latin-america). *Framework described as of mid-2026; regimes change — check the current status before structuring.* Project with a Venezuelan asset or investor? [Talk to us](/en/meeting). KEEP READING ## Related articles [21 SEP 2026 Asset tokenization in Bolivia: the Central Bank turn of 2024, ASFI and the trust](/en/articulos/asset-tokenization-in-bolivia) [21 SEP 2026 Asset tokenization in Guatemala: no crypto law, the Securities Market Registry and the commercial trust](/en/articulos/asset-tokenization-in-guatemala) [21 SEP 2026 Asset tokenization in Uruguay: Law 20.345, the Central Bank and the trust](/en/articulos/asset-tokenization-in-uruguay)