Colombia’s second-largest pension fund to offer Bitcoin exposure

2 hours ago

Colombia’s second-largest backstage pension and severance money manager, AFP Protección, is preparing to motorboat an concern money with vulnerability to Bitcoin.

Juan David Correa, president of Protección SA, confirmed the inaugural during an interrogation with section outlet Valora Analitik. According to Correa, entree to the merchandise volition beryllium constricted and granted lone done a personalized advisory process designed to measure each investor’s hazard profile. Only clients who conscionable circumstantial criteria volition beryllium capable to allocate a information of their portfolios to Bitcoin (BTC).

“The astir important constituent is diversification,” Correa noted, adding that “those who tin enactment volition find a abstraction for a percent of their portfolio, if they truthful wish, to beryllium exposed to this benignant of asset.”

Protección’s determination follows a akin measurement by Skandia Administradora de Fondos de Pensiones y Cesantías, which began offering Bitcoin vulnerability successful 1 of its portfolios successful September past year. With this launch, Protección becomes the 2nd large pension money head successful Colombia to participate the integer plus space.

Bitcoin money volition not alteration halfway pension investments

Protección said that the caller Bitcoin-linked money does not correspond a displacement successful however the bulk of Colombian pension savings are managed. Fixed income instruments, equities and different accepted assets stay the halfway of pension portfolios. Instead, the merchandise is positioned arsenic an further enactment for qualified investors seeking diversification.

Founded successful 1991, AFP Protección manages much than 220 trillion Colombian pesos (approximately $55 billion) successful assets for implicit 8.5 cardinal clients crossed mandatory and voluntary pension plans and severance accounts.

The broader mandatory pension money marketplace successful Colombia reached 527.3 trillion pesos arsenic of November 2025, with astir fractional of those assets invested abroad.

Colombia introduces mandatory crypto reporting rules

Earlier this month, Colombia’s taxation authority, DIAN, introduced a mandatory reporting framework for crypto work providers, requiring exchanges, custodians and intermediaries to cod and taxable idiosyncratic and transaction data.

The solution aligns Colombia with the OECD’s Crypto-Asset Reporting Framework (CARF), enabling the automatic speech of crypto-related taxation accusation with overseas authorities. Under the caller regime, work providers indispensable study identifying details and transaction information for reportable users, comply with owed diligence and valuation standards, and look penalties if they neglect to conscionable the requirements.

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