---
title: "Fideicomiso (Latin American Trust)"
url: "https://www.unknowngravity.com/en/glosario/fideicomiso"
site: Unknown Gravity
published: "2026-08-13T16:30:57+00:00"
modified: "2026-08-13T16:30:57+00:00"
language: en-US
description: "A fideicomiso is a trust arrangement common across Latin America: you hand assets (a property, money, a project) to a professional administrator — the fiduciario (trustee) — to manage them for…"
section: "Home > Fideicomiso (Latin American Trust)"
---

# Fideicomiso (Latin American Trust)

GLOSSARY · BLOCKCHAIN & WEB3

What a fideicomiso is — the Latin American mercantile trust with a separate estate, trustee and beneficiaries — and why it is the standard vehicle for tokenizing assets in LATAM.

WHAT IS IT? · FOR DUMMIES

A **fideicomiso** is a trust arrangement common across Latin America: you hand assets (a property, money, a project) to a professional administrator — the **fiduciario** (trustee) — to manage them for someones benefit under written rules. The assets sit in a **separate estate**: they belong neither to the trustee nor to the person who contributed them, and that separation is the protection.

WHAT IS IT? · PRO

A **fideicomiso** involves three roles: the **fideicomitente** (settlor) contributes the assets, the **fiduciario** (trustee, usually an authorised entity) administers them under the contract, and the **beneficiario** (beneficiary) receives the returns or the assets. The legal key is the **autonomous estate**: trust assets are segregated from the personal estates of all parties, shielded from their creditors.

Spain has no general equivalent of the common-law trust or the Latin American fideicomiso — corporate SPVs and funds are used for analogous purposes. Across much of **Latin America** — Ecuador, Mexico, Colombia, Argentina — the **mercantile fideicomiso** is central to financial and real estate structuring.

Which is its connection to this glossary: in LATAM the fideicomiso is **the standard wrapper for tokenizing assets**. The asset is contributed to the trust estate and the beneficiaries rights are represented by tokens, with the trustee as the regulated anchor of the structure — the same vehicle-plus-registry logic we apply in [asset tokenization](/en/servicios/tokenizacion-activos) and that investors should understand before [investing in tokenized real estate](/en/articulos/invest-in-tokenized-real-estate).

## 01 / Key points

- Three roles: settlor (contributes), trustee (administers), beneficiary (receives)
- Assets form an autonomous, segregated and protected estate
- Spain has no general equivalent; in LATAM the mercantile fideicomiso is central
- The standard vehicle for tokenizing assets in Latin America

## 02 / Advantages

- **Asset segregation**: shielded from the parties creditors
- **Contract-driven administration**: rules are set and auditable
- **Natural fit with tokenization**: beneficiary rights are fractionable into tokens

## 03 / Disadvantages

- **Trustee and setup costs**
- **Not available as a general figure in Spain**: alternative structures required
- **Uneven quality across jurisdictions**: regimes and supervision vary by country

This entry is informative. It is not legal, tax or investment advice. The rules cited change: check the current version on [BOE](https://www.boe.es) and [EUR-Lex](https://eur-lex.europa.eu).