Colombia’s second-largest private pension and severance fund manager, AFP Protección, is preparing to launch an investment fund with exposure to Bitcoin.
Juan David Correa, president of Protección SA, confirmed During an interview, Valora Analitik interviewed Correa about the project. Correa says that the access will be limited, and only available through an advisory process that assesses each investor’s risk profile. Customers who meet certain criteria are allowed to invest a part of their funds in Bitcoin.BTC).
“The most important element is diversification,” Correa added that “those who can participate will find a space for a percentage of their portfolio, if they so wish, to be exposed to this type of asset.”
Protección’s move follows a similar step by Skandia Administradora de Fondos de Pensiones y Cesantías, which began offering Bitcoin exposure in one of its portfolios in September last year. With this launch, Protección becomes the second major pension fund administrator in Colombia to enter the digital asset space.
Related: Leading Colombian bank launches crypto exchange and peso stablecoin
Bitcoin Fund will not affect core pension investment
Protección said that the new Bitcoin-linked fund does not represent a shift in how the bulk of Colombian pension savings are managed. Pension portfolios are dominated by fixed income assets, equity and other traditional investments. The product, however, is not a replacement for diversification. It’s a supplement to qualified investors.
Founded in 1991, AFP Protección manages Over 8.5 millions clients have assets totaling more than 220 trillion Colombian Pesos ($55 billion), spread across pension and severance plans.
Market for mandatory pension funds in Colombia reached In November 2025, the country will have 527.3 trillion pesos in its assets. Nearly half these assets are expected to be invested overseas.
Related: Trump floats Colombia action as Bitcoin climbs toward $93K
Colombia introduces mandatory Crypto Reporting Rules
DIAN, Colombia’s tax authority announced that they would begin collecting taxes in the country on January 1. introduced a mandatory reporting framework For crypto service providers to be able to provide their services, they must require exchanges, custody firms and intermediaries collect and submit data on users and transactions.
This resolution brings Colombia into line with OECD standards Crypto-Asset Reporting Framework (CARF)The automatic exchange of tax-related crypto information between foreign and domestic authorities is now possible. The new system requires service providers to provide identifying data and transaction details for users who are reportable, as well as complying with valuation and due diligence standards.
Magazine: Bitget’s Gracy Chen is looking for ‘entrepreneurs, not wantrepreneurs’
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: cointelegraph.com
