Colombia’s second-largest private pension and severance fund manager, AFP Protección, plans to launch an investment fund with exposure to Bitcoin.
The plan was confirmed by Juan David Correa, president of Protección SA, in an interview with local outlet Valora Analitik. Correa said Access to this product is limited. It will only be available through an advisory process that assesses the risk profile of each customer.
Bitcoin will only be available to investors that meet certain criteria.
Correa’s initiative was centered around diversification, rather than changing the core strategy of investment.
“The most important element is diversification,” He added that eligible clients can choose to expose a portion of their portfolio to such assets.
Protección’s move follows a similar step by Skandia Administradora de Fondos de Pensiones y Cesantías, which introduced Bitcoin exposure in one of its portfolios in September. With this launch, Protección became the second major pension fund administrator in Colombia Clients can now access Bitcoin linked investments.
Bitcoin: An additional investment for Colombia
According to the company, the new product will not change the way the vast majority of retirement savings are managed. Both mandatory and optional pension portfolios continue to be based on fixed income assets, stocks and other traditional investments.
The Bitcoin linked fund was designed as an option to help qualified investors build a more diversified portfolio, not as a replacement of existing investments.
Founded in 1991, AFP Protección manages more than 220 trillion Colombian pesos, or about $55 billion, in assets. More than 8.5 millions clients are served by the firm through mandatory pensions, voluntary pensions and a’severance account.
As of November 2025 the Colombian mandatory pension funds market reached 527.3 trillion Pesos, and close to half these assets were invested abroad.
Colombia has tightened its control over digital assets. DIAN (the national tax authority) announced in early February that the country would tighten its oversight of digital assets. introduced Reporting frameworks for crypto-service providers are mandatory. Exchanges, custodians, and intermediaries are required to collect user data and send it in.
Colombia has aligned its framework with the OECD Crypto-Asset Reporting Framework. The exchange of information on crypto-related taxes with other countries is now possible.
According to local reports, service providers will be penalized if they fail to provide identifying data and transactional details of reportable users or if they do not comply with the due diligence and value standards.
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Source: bitcoinmagazine.com
