Mexico“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 Mexico
We build the platform to tokenize notes, shares and revenue rights in Mexico: investor onboarding, ERC-3643 tokens and the information system the LGTOC requires for electronic instruments, coordinated with the law firm that structures the offer under the Securities Market Law or the Fintech Law.
Tokenize your asset
They trust Metlabs to tokenize their assets
Why Mexico
Why tokenize assets in Mexico?
Mexico has no dedicated regime for DLT securities, but since the 2024 amendment the LGTOC recognizes negotiable instruments issued with any technology, provided the system preserves their integrity and their circulation is traceable. Together with private offers under the Securities Market Law and crowdfunding under the Fintech Law, there are defined routes for debt, equity and royalties.
1.67M UDI
limit per equity, co-ownership or royalty transaction on a crowdfunding institution
CNBV · 2026100
people: a private offer of shares not registered in the RNV must reach fewer than that
LMV · art. 82024
year the LGTOC recognized negotiable instruments issued by electronic means or any other technology
LGTOC · DOF Mar 26, 2024What gets tokenized
Debt, equity and revenue: what gets tokenized in Mexico
Almost every tokenized issuance represents one of these three rights against the issuer. The right determines which company issues, which law governs the instrument and where the holder is recorded, 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 S.A.P.I. | Co-ownership or royalties |
| 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 a project or an asset: rents, sales, royalties or energy sold. |
| The token enforces |
|
|
|
| Issuer | S.A.; notes, any company | S.A. de C.V. or S.A.P.I. | Applicant on an IFC, or a trustee |
| Register | Information system | Share register | IFC or trust institution |
| Law | LGTOC, arts. 5 and 208 | LGSM, arts. 111 and 129; LMV | Fintech Law; LGTOC, art. 228 a |
| How it is issued | Bonds (obligaciones) of a stock corporation can be issued as electronic instruments if the system that records them preserves their integrity and endorsements are traceable. The issuance deed is executed before a notary, a common representative is appointed and the amount cannot exceed the issuer's net assets. | Membership interests in an S. de R.L. cannot be represented by negotiable instruments, and their assignment requires the consent of the majority of the capital. A stock corporation treats as shareholder whoever appears in its share register, which the token must mirror, and an S.A.P.I. may set transfer restrictions in its bylaws. | The Fintech Law provides for co-ownership or royalty crowdfunding, through joint ventures (asociaciones en participación) or other agreements over a project's income, on an IFC authorized by the CNBV. Participation certificates over assets held in trust can only be issued by a credit institution acting as trustee. |
Regulation
Regulation guide for MexicoWhich regulation applies to tokenization in Mexico?
It depends on the right the token represents and how it is offered. If it documents a security, the Securities Market Law applies: a public offer requires registration in the National Securities Registry, and a private offer is limited to institutional or qualified investors, fewer than one hundred people or other listed cases. The instrument itself is governed by the LGTOC.
Custody and payments depend on another boundary. The Fintech Law defines a virtual asset as a representation of value that the public uses as a means of payment, and Banxico's Circular 4/2019 bars banks and ITFs from offering their customers exchange, transfer or custody of those assets. Anyone exchanging or holding virtual assets without being a financial entity falls under the anti-money laundering regime as a vulnerable activity, whose new rules generally take effect on November 30, 2026.
There are three routes to investors: registration in the RNV, including the simplified registration introduced in 2023 for offers made only to institutional or qualified investors; a private offer under article 8; or a crowdfunding institution, whose instruments cannot be registered in the RNV. We work out the structure with specialist law firms, and authorized entities provide the regulated services.
Mexico
NeutralScore48
- Authorities
- CNBV, Banco de México, SHCP/UIF and SAT
- Latest regulatory change
- Aug 2026
Key authorisations
- AML registration for covered providers
- CNBV authorisation for reserved financial activities
- Banxico authorisation for covered internal operations
Our legal partners
Methodology
How we tokenize an asset in Mexico, step by step
The four phases of our methodology, with the parties involved in Mexico. 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 a note, a share or a revenue right. That sets the vehicle: an S.A. de C.V., an S.A.P.I. or a trust with a trust institution.
The law firm classifies the token, drafts the issuance deed or the bylaws and chooses the route: private offer, RNV registration with a placement agent or an IFC. For bonds, the holders' common representative is appointed.
We configure the white label platform with your brand: investor onboarding with KYC, signature, payment and ERC-3643 tokens carrying the offer's rules. The on-chain register is designed as the instrument's information system, with traceable endorsements; the connection to the share register is custom development.
With the issuer and, where involved, the IFC or the intermediary, we prepare the offer page and measure the journey to a paid subscription. After the issuance, the platform handles distributions, transfers between verified investors with their entry in the company's register, and reporting.
Reviews in Mexico
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 Mexico?
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 on the investor portal.
- Investor onboardingSign-up, KYC with official ID, KYB, AML (PLD) controls and a custodial wallet.
- End-to-end investmentElectronic signature and payment in pesos via SPEI or with stablecoin (USDT/USDC).
- ERC-3643 tokensEach subscription is issued under the rules of the LMV private offer.
- Issuer consoleProjects, investors, peso reconciliation, distributions and reporting.
- Compliance and audit trailKYC and AML 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 Mexico
What we are asked before a project starts.
Talk to our teamIs asset tokenization legal in Mexico?
Yes, if the token documents a right the law recognizes: the LGTOC accepts negotiable instruments issued with any technology when they meet its integrity and signature requirements. What requires authorization is the activity: a public offer needs RNV registration, intermediation of registered securities an authorized entity, and crowdfunding an IFC.
Can a Mexican S. de R.L. be tokenized?
Its membership interests cannot be the token: the LGSM prohibits representing them with negotiable instruments, and their assignment requires the consent of members holding the majority of the capital. To tokenize its capital, it can first convert into an S.A. de C.V. or S.A.P.I. For debt, the LGTOC frames bonds as issuances by stock corporations; promissory notes carry no such limit.
How much can be raised on a crowdfunding platform in Mexico?
For equity, co-ownership or royalties, up to 1,670,000 UDI per transaction on each IFC, extendable to 6,700,000 UDI with CNBV authorization, and a maximum of 7,370,000 UDI per applicant across all IFCs. Outside an IFC, a private offer under the Securities Market Law has no amount cap, but it does limit who can be offered.
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 share of its rents. The closest figure to co-ownership is the LGTOC participation certificate, which grants an aliquot share of assets in an irrevocable trust and can only be issued by a credit institution acting as trustee.
Asset tokenization
Assets we tokenize in Mexico.
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 Mexico
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 KingdomSingaporeAustraliaSwitzerlandColombiaArgentinaChilePeruPortugalGermanyHong KongBrazilEcuadorFranceIndiaPanamaAndorraAustriaBahrainBelgiumBoliviaCanadaCosta RicaCubaCyprusCzechiaDenmarkDominican RepublicEl SalvadorEstoniaFinlandGreeceGuatemalaHondurasHungaryIrelandIsraelItalyJapanKuwaitLiechtensteinLithuaniaLuxembourgMaltaMonacoMoroccoNetherlandsNew ZealandNicaraguaNigeriaNorwayOmanParaguayPolandPuerto RicoQatarRomaniaSan MarinoSaudi ArabiaSeychellesSouth AfricaSouth KoreaSwedenTurkeyUruguayVenezuela
