Chile“One of the pioneering firms in web3 solutions, digital assets and tokenization, recognized for its innovation and solid reputation across Spain and Latin America.”
Jorge CorredorLawyer, Rincón Cuéllar & Asociados
Asset tokenization in Chile
We build the platform to tokenize bonds, shares and revenue rights in Chile: investor onboarding, ERC-3643 tokens and the custodian connection, coordinated with the law firm that structures the issuance under Securities Market Law 18.045 or the Fintech Law.
Tokenize your asset
They trust Metlabs to tokenize their assets
Why Chile
Why tokenize assets in Chile?
Chile has no dedicated regime for DLT securities, but it has the pieces a tokenized issuance needs: the 2023 Fintech Law regulates custody, brokerage and trading systems for financial instruments, and in 2026 the CMF confirmed that the DCV, the central securities depository, can hold securities in custody even when they take the form of crypto-assets.
2023
year of the Fintech Law, which regulates platforms, brokerage and custody of financial instruments
BCN · Law 21.521UF 100,000
maximum over 12 months for a stock exchange offer exempt from registration in the Securities Register
CMF · NCG 452What gets tokenized
Debt, equity and revenue: what gets tokenized in Chile
Almost every tokenized issuance represents one of these three rights against the issuer. The right determines the vehicle, the applicable law and who keeps the register, and it is settled before the network or the token standard.
| Right | Debt | Equity | Revenue |
|---|---|---|---|
| What is issued | Bonds and promissory notes | Shares in an S.A. or SpA | Revenue rights |
| The investor receives | The investor lends to the issuer and receives interest and, at maturity, the principal. | The investor joins the share capital: dividends, voting rights and a share of any sale or liquidation. | The investor receives a share of the income from an asset: rents, energy sold, sales or royalties. |
| The token enforces |
|
|
|
| Issuer | S.A. or SpA | S.A. or SpA | S.A. or SpA |
| Register | DCV or issuer's register | Shareholder register | Issuer or registered custodian |
| Law | Law 18.045 | Law 18.046 and Commercial Code | Law 18.045 or Law 21.521 |
| How it is issued | Offering debt to the public requires registration in the Securities Register: beyond one year, only as bonds, with an issuance deed and a bondholders' representative; up to 36 months, also as promissory notes. Once deposited with the DCV, it can be kept as book entries without physical certificates. | An SpA may keep its shareholder register by any means that prevents tampering. Offering shares to the public requires registering them in the Securities Register, and an S.A. that does so becomes an open corporation. Interests in a limited liability company do not work: assigning them requires every partner's consent. | An instrument that gives a right to income can be a security, and offering it to the public requires registration. If it is not registered, the Fintech Law treats it as a financial instrument: anyone who professionally trades, brokers or holds it in custody needs RPSF registration and CMF authorization. |
Regulation
Regulation guide for ChileWhich regulation applies to tokenization in Chile?
It depends on how the token is offered. If it is a security offered to the public, such as a bond or a share, it must be registered in the CMF Securities Register under Law 18.045. If it is not registered, the Fintech Law treats it as a financial instrument, and the companies that trade, broker or hold it in custody register in the Register of Financial Service Providers.
There is no law on securities in distributed ledgers: the legal record is whatever each instrument's rules require, the DCV account for deposited securities or the company's shareholder register. In May 2026 the CMF confirmed to the DCV that it can hold those securities in custody even when they take the form of crypto-assets, and that it answers for their authenticity and integrity, not for the assets backing the issuance.
There are two routes to investors: a registered public offer, or an offer that the CMF does not treat as public or exempts from registration, such as one aimed only at qualified investors. An authorized crowdfunding platform publicizes the project but does not by itself exempt the offer from Law 18.045, and if the tokens trade between investors, whoever runs that market provides an alternative trading system service. We work with specialist law firms, and authorized entities provide the regulated services.
Chile
FavourableScore71
- Authorities
- Financial Market Commission, Central Bank and UAF
- Latest regulatory change
- Jul 2026
Key authorisations
- FSPR registration and service-specific CMF authorisation unless an exception applies
- Prior notification for specified already-supervised entities
- UAF registration and preventive obligations
Our legal partners
Methodology
How we tokenize an asset in Chile, step by step
The four phases of our methodology, with the parties involved in Chile. The law firm and our engineering team work in parallel from the asset review to investor acquisition.
We review the asset's title, encumbrances and cash flows, and decide with the issuer whether the token will be debt, shares or a revenue right. That sets the vehicle, an S.A. or an SpA, the amount and the rules of the issuance.
The law firm classifies the token as a security or as a Fintech Law financial instrument, drafts the documentation and chooses the route: registration in the Securities Register, private offer or exempt offer. For publicly offered bonds, the issuance deed appoints the bondholders' representative.
We configure the white label platform with your brand: investor onboarding with KYC, signature, payment and ERC-3643 tokens carrying the offer's rules. Reconciliation with the shareholder register or the custodian and coupon or dividend schedules are custom development.
With the issuer and, where there is one, the placing entity, we prepare the offer page and measure the journey to a paid subscription. After the issuance, the platform handles distributions, transfers between verified investors and reporting.
Reviews in Chile
What do our clients think of Metlabs?
“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.”
Joan MejíaManager, GLOBYNE
“They advised us on the feasibility of tokenizing real estate assets in Uruguay with direct, cordial treatment. A professional team, responsive and always available.”
Álvaro Silva SantamaríaCEO, Sp Inmuebles
“Great professionals at structuring tokenized projects, with technical command and attention to detail that inspire full confidence at every stage of the work.”
Francisco BetancourtVerified Google review
“As a blockchain lawyer, I value their experience and professionalism in consulting and executing tokenization projects. Technology partners you can fully trust.”
Vanessa RivasBlockchain lawyer, El Salvador
“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.”
CriptorentVerified Google review
“A very professional yet approachable company that empathizes with your doubts and needs. Highly recommended for entrepreneurs with a tokenization project.”
Javier EspasaTokenization entrepreneur
“Exceptional in every sense. From legal support I value their rigor and transparency: working with Metlabs means professionalism, innovation and security.”
Pedro A. Agúndez MéndezGoogle Local Guide
“Excellent service across blockchain development, asset tokenization and consulting. A very professional team that I recommend wholeheartedly, without reservation.”
José Luis DíazVerified Google review
“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.”
Ignacio Fernández JiménezVerified Google review
“One of the pioneering firms in web3 solutions, digital assets and tokenization, recognized for its innovation and solid reputation across Spain and Latin America.”
Jorge CorredorLawyer, Rincón Cuéllar & Asociados
“Great professionals at structuring tokenized projects, with technical command and attention to detail that inspire full confidence at every stage of the work.”
Francisco BetancourtVerified Google review
“A very professional yet approachable company that empathizes with your doubts and needs. Highly recommended for entrepreneurs with a tokenization project.”
Javier EspasaTokenization entrepreneur
“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.”
Ignacio Fernández JiménezVerified Google review
“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.”
Joan MejíaManager, GLOBYNE
“As a blockchain lawyer, I value their experience and professionalism in consulting and executing tokenization projects. Technology partners you can fully trust.”
Vanessa RivasBlockchain lawyer, El Salvador
“Exceptional in every sense. From legal support I value their rigor and transparency: working with Metlabs means professionalism, innovation and security.”
Pedro A. Agúndez MéndezGoogle Local Guide
“They advised us on the feasibility of tokenizing real estate assets in Uruguay with direct, cordial treatment. A professional team, responsive and always available.”
Álvaro Silva SantamaríaCEO, Sp Inmuebles
“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.”
CriptorentVerified Google review
“Excellent service across blockchain development, asset tokenization and consulting. A very professional team that I recommend wholeheartedly, without reservation.”
José Luis DíazVerified Google review
Platform
What does our white label tokenization platform include in Chile?
The investor portal, ERC-3643 tokens and issuer console, under your brand. Out of the box it handles onboarding, signing, payment and distributions; anything else your issuance needs, such as a local payment method or a connection to your bank or custodian, we build on the same platform.
Request a demo
- Your brand and domainYour visual identity and legal notices across the investor portal.
- Investor onboardingSign-up, KYC with the cédula de identidad, KYB, AML checks and custodial wallet.
- End-to-end investmentE-signature and payment in pesos by bank transfer or stablecoin (USDT/USDC).
- ERC-3643 tokensEvery subscription is issued under the rules of the NCG 452 exempt offer.
- Issuer consoleProjects, investors, peso reconciliation, distributions and reporting.
- Compliance and audit trailA KYC and AML (LA/FT) file per investor and an exportable audit log.
Institutional custody, integrated
We integrate custody and key management providers through their APIs, including Fireblocks, BitGo, Coinbase Prime, Anchorage Digital, Copper and Ledger Enterprise. Depending on the provider and model, keys are managed with MPC or multisig so that none depends on a single device. If the token is a security, custody on behalf of clients is provided by an authorized entity.
FAQ
Frequently asked questions about tokenization in Chile
What we are asked before a project starts.
Talk to our teamIs asset tokenization legal in Chile?
Yes, under the rules of the instrument the token represents. A security offered to the public follows Law 18.045, and the Fintech Law treats unregistered ones as financial instruments regardless of their medium. What requires CMF registration and authorization is the activity: running a platform, brokering, holding custody or operating a trading venue.
Can a Chilean SpA be tokenized?
Yes, its shares can be the token, and the law allows the shareholder register to be kept by any means that prevents tampering. If it exceeds 2,000 shareholders for twelve consecutive months, or the higher number set by the CMF, it becomes a corporation by law and must register its shares in the Securities Register.
How much can be raised without registering the offer in Chile?
There is no single figure. An offer only to qualified investors is exempt with no cap; a stock exchange offer, up to UF 100,000 over 12 months; and an offer without mass media may not be public if it targets, for example, no more than 50 non-qualified investors. The law firm confirms the route for each issuance.
Does the token give ownership of the property?
Not by itself. The token represents a right against the issuer: a bond, a share in the owning company or a right to its rents. The property stays recorded in the Real Estate Registrar's register, and the CMF has stated that the custodian answers for the digital asset, not for the asset backing the issuance.
Asset tokenization
Assets we tokenize in Chile.
Asset tokenization
Articles on tokenization
Real Asset Tokenization: How RWA Tokenization Works
How to structure an RWA project: holder rights, issuance, recordkeeping, payments and recovery. What blockchain adds and what depends on the legal arrangement.
What are the differences between security tokens and utility tokens?
How to distinguish financial rights from service access, what legal classification examines and why a token’s name does not determine its regulation.
OpenZeppelin and ERC-3643: how a security token is built
What OpenZeppelin libraries and ERC-3643 controls provide, and what a securities issuance also requires: rights, permissions, operations and review.
Tokenize your asset in Chile
Tell us which right you want to issue and we will propose the technical structure, timeline and phased budget.
Where we are
We're your tokenization company in:
Metlabs Offices
Av. García Sabell, 1, Edificio Proa 15009 A Coruña, Spain
We tokenize assets in
SpainUnited StatesUAEUnited KingdomMexicoSingaporeAustraliaSwitzerlandColombiaArgentinaPeruPortugalGermanyHong KongBrazilEcuadorFranceIndiaPanamaAndorraAustriaBahrainBelgiumBoliviaCanadaCosta RicaCubaCyprusCzechiaDenmarkDominican RepublicEl SalvadorEstoniaFinlandGreeceGuatemalaHondurasHungaryIrelandIsraelItalyJapanKuwaitLiechtensteinLithuaniaLuxembourgMaltaMonacoMoroccoNetherlandsNew ZealandNicaraguaNigeriaNorwayOmanParaguayPolandPuerto RicoQatarRomaniaSan MarinoSaudi ArabiaSeychellesSouth AfricaSouth KoreaSwedenTurkeyUruguayVenezuela
