We build blockchain products for companies in Uruguay with our in-house team, separating the BCU's VASP license from the regime for book-entry securities on distributed ledgers from the design stage.
Tell us about your project
We turn your use case into a product you can launch, operate and grow. The same team designs the architecture, writes the contracts and integrates them with your systems.
Tell us what you want to buildUruguay separates authorizing the provider from issuing the instrument. Before choosing a network we decide whether the product provides a VASP service or issues securities on a distributed ledger, and who controls the contracts and can modify them.
We build your business logic with tests and peer review, and leave the code ready for an external audit and a progressive deployment before it goes into production.
You work in Spanish with the people who design and write the code. There is room to meet almost every day within your working hours, and the rest moves forward through shared documentation and a stable technical channel.
We document the code and plan deployments and monitoring. Your team inherits a technical foundation for maintaining the product and building new features.
We cover the full Web3 product lifecycle, from idea and MVP to mainnet, audits and maintenance.
Scope not defined yet? Start with blockchain consulting
Cases built on what Uruguay already records, from cattle identified at birth to securities issued on distributed ledgers.
Since 2006 the law has required every bovine born in Uruguay to be identified and entered in the Animal Register before six months of age; each cut is linked to that animal.
Blockchain for Agribusiness
Since 2024 Law 18,627 has recognized book-entry securities issued, transferred and traded using distributed ledger technology, under the requirements set by the BCU.
Blockchain for Banking & Finance
Pulp made up 17% of Uruguay's goods exports in 2025; each load of wood is linked to the registered forest it comes from and the mill that receives it.
Blockchain for Supply Chain & Logistics
Uruguay exported US$163.7 million of wool in the year to October 2025, with growing demand for wool certified for animal welfare and traceability.
Blockchain for Fashion & LuxuryOur stack covers every layer of your product: smart contracts, blockchain networks and integration with your systems. We use it to build, test and deploy software tailored to your business.
The smart contract language for verifiable rules on EVM networks.
Performance and memory safety for contracts, nodes and Web3 tooling.
EVM contracts, tokens and final settlement on an open Proof of Stake network.
An environment to compile, test and deploy contracts on EVM networks from Node.
Solidity tests, invariant fuzzing and command-line tooling for EVM networks.
Oracles for external data, randomness and cross-chain messaging for contracts.
Polygon PoS: EVM contracts secured by its own validators, with low fees.
Programs, accounts and parallel execution on a high-throughput layer 1.
Audited Solidity contracts for tokens, access control and upgradeable systems.
Since 2026 Uruguay has had an authorization regime for virtual asset service providers: the BCU's Circular 2507 opened applications to the Financial Services Superintendency on September 1, with existing operators given until March 31, 2027, to apply. Book-entry securities on decentralized registers, recognized by Law 18,627 since 2024, fall outside that license and follow securities rules.
See blockchain regulation in UruguayThe dates that shape a virtual asset or distributed ledger securities project in Uruguay today. Each milestone links to its source.
See the regulation guide for UruguayLaw 20,345 amends Article 14 of Law 18,627 to incorporate decentralized-register book-entry securities subject to conditions.
Article 14Circular 2508 adds the omitted deadline of December 31, 2027, for adapting incoming-transfer systems.
Circular 2508Circular 2507 allows authorization applications from this date and distinguishes new from existing operators.
Circular 2507“Metlabs has supported us throughout our tokenization process, from the strategy and structure of the asset to the technology and design of our platform. They combine business, regulation and technology, and they are very approachable. We will keep working with them.”
“It has been a pleasure partnering with Metlabs in the Web3 space. At Hacken, we regularly collaborate with development agencies, and the Metlabs team consistently stands out for their clear communication, rapid response times, and sheer professionalism. They manage client relationships effortlessly and make administrative onboarding truly seamless. A highly reliable, proactive technical partner we are glad to work alongside.”
“One of the pioneering firms in web3 solutions, digital assets and tokenization, recognized for its innovation and solid reputation across Spain and Latin America.”
“We structured the tokenization of real estate projects with them, and I value the team's ability to understand our corporate needs and genuinely solve them.”
“They advised us on the feasibility of tokenizing real estate assets in Uruguay in a direct, cordial manner. A professional team, responsive and always available.”
“Great professionals at structuring tokenized projects, with technical command and attention to detail that inspire full confidence at every stage of the work.”
“As a blockchain lawyer, I value their experience and professionalism in consulting and executing tokenization projects. Technology partners you can fully trust.”
“Great professionals, very attentive to their clients and always mindful of every detail. Working with their team has been a genuine pleasure from start to finish.”
“A very professional yet approachable company that empathizes with your doubts and needs. Highly recommended for entrepreneurs with a tokenization project.”
“Exceptional in every sense. From a legal standpoint, I value their rigor and transparency: working with Metlabs means professionalism, innovation and security.”
“Excellent service across blockchain development, asset tokenization and consulting. A very professional team that I recommend wholeheartedly, without reservation.”
“I have worked with them on several projects and they are very professional. A guarantee that everything turns out perfectly. Without a doubt, 100% recommended.”
“Metlabs has supported us throughout our tokenization process, from the strategy and structure of the asset to the technology and design of our platform. They combine business, regulation and technology, and they are very approachable. We will keep working with them.”
“We structured the tokenization of real estate projects with them, and I value the team's ability to understand our corporate needs and genuinely solve them.”
“As a blockchain lawyer, I value their experience and professionalism in consulting and executing tokenization projects. Technology partners you can fully trust.”
“Exceptional in every sense. From a legal standpoint, I value their rigor and transparency: working with Metlabs means professionalism, innovation and security.”
“It has been a pleasure partnering with Metlabs in the Web3 space. At Hacken, we regularly collaborate with development agencies, and the Metlabs team consistently stands out for their clear communication, rapid response times, and sheer professionalism. They manage client relationships effortlessly and make administrative onboarding truly seamless. A highly reliable, proactive technical partner we are glad to work alongside.”
“They advised us on the feasibility of tokenizing real estate assets in Uruguay in a direct, cordial manner. A professional team, responsive and always available.”
“Great professionals, very attentive to their clients and always mindful of every detail. Working with their team has been a genuine pleasure from start to finish.”
“Excellent service across blockchain development, asset tokenization and consulting. A very professional team that I recommend wholeheartedly, without reservation.”
“One of the pioneering firms in web3 solutions, digital assets and tokenization, recognized for its innovation and solid reputation across Spain and Latin America.”
“Great professionals at structuring tokenized projects, with technical command and attention to detail that inspire full confidence at every stage of the work.”
“A very professional yet approachable company that empathizes with your doubts and needs. Highly recommended for entrepreneurs with a tokenization project.”
“I have worked with them on several projects and they are very professional. A guarantee that everything turns out perfectly. Without a doubt, 100% recommended.”
Every delivery goes through the same checklist before it reaches mainnet. What changes between projects is the depth of each control, because an MVP does not carry the same risk as a contract that holds third-party funds.
What we are asked before a project starts.
Talk to our teamIf you habitually provide exchange, transfer, custody or offering-related services for virtual assets, you need prior SSF authorization as a VASP under Circular 2507, even when the service runs through smart contracts; software development without active participation in the service is excluded. Securities on distributed ledgers follow Law 18,627 and public offering rules, and issuing a stable asset is a separate category. We analyze the fit of your case before writing code.
Yes. We support startups from MVP validation to their first round, and established companies on tokenization, traceability and digital identity projects with strict compliance requirements. Before reaching mainnet, smart contracts go through tests and review in every case.
In Spanish and in direct contact with the people who design and build the product. Meetings fit into your business hours, and the rest of the work moves forward through shared documentation, written decisions and a stable technical channel.
It depends on product complexity, integrations and the level of review needed. Before development we agree on scope, dependencies and phase deliverables, so you decide what reaches production first and what moves to a second iteration, without mistaking an MVP for the complete architecture.
The one that answers the product requirements, not the one in fashion. For EVM projects we compare Ethereum, Polygon, Arbitrum or Base on finality, costs, tooling, interoperability, custody and compliance, and we consider non-EVM networks when they fit better. The recommendation covers contracts, indexing, wallets and operations, with the product's users in mind.
Tell us about your case and we'll propose architecture, timeline and budget within a week.
We work remotely with teams throughout the country, and on site where the project calls for it.
What tokenizing an asset means, why existing funds and debt lead the market and what decides whether it makes sense for a building or a company.
What separates a security token from a MiCA utility token in the EU, what each regime requires and which rights change a token's classification.
Pontes, MiCA and DORA change the decision for banks and asset managers in 2026: which regime each token carries and a case for picking the first project.
Metlabs Offices
Av. García Sabell, 1, Edificio Proa 15009 A Coruña, Spain
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