Colombia’s Second-Largest Pension to Launch Bitcoin Fund for Qualified Clients
Colombia’s second-largest private pension and severance fund manager, AFP Protección, plans to launch an investment fund with exposure to Bitcoin.
Bitcoin as an additional investment option for Colombia
The company said the new product does not alter how the majority of pension savings are managed. Fixed income instruments, equities and other traditional assets will continue to form the foundation of both mandatory and voluntary pension portfolios.
The Bitcoin-linked fund is positioned as an additional option for qualified investors seeking broader portfolio construction rather than a replacement for existing allocations.
Founded in 1991, AFP Protección manages more than 220 trillion Colombian pesos, or about $55 billion, in assets. The firm serves more than 8.5 million clients across mandatory pension plans, voluntary pension products and severance savings accounts.
The broader mandatory pension fund market in Colombia reached 527.3 trillion pesos as of November 2025, with close to half of those assets invested outside the country.
The announcement comes as Colombia tightens oversight of the digital asset sector. Earlier this month, the national tax authority, DIAN, introduced a mandatory reporting framework for crypto service providers. The rules require exchanges, custodians and intermediaries to collect and submit user and transaction data.
The framework aligns Colombia with the OECD’s Crypto-Asset Reporting Framework, enabling automatic exchange of crypto-related tax information with other jurisdictions.
Service providers must report identifying information and transaction details for reportable users and comply with due diligence and valuation standards or face penalties, per local reports.
About Author
