Venezuela“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 Venezuela
In Venezuela, an investment token follows the 2015 Securities Market Law: a public offering needs SUNAVAL authorization, and the crypto-asset supervisor, SUNACRIP, has been under restructuring since 2023. We review with you the right and the structure that can be prepared.
Tell us about your project
They trust Metlabs to tokenize their assets
Current framework
Can assets be tokenized in Venezuela?
Today there is no established route to offer tokenized securities to the Venezuelan public. The formal route is the Securities Market Law, with SUNAVAL authorization and custody at a securities depository, and our guide has found no issuance route on a distributed ledger. SUNACRIP has been under restructuring since March 2023, and sanctions are reviewed separately.
2015
year of the Securities Market Law, which places public securities offerings under SUNAVAL's control
Official Gazette 6,21120%
minimum of a public offering that must be directed to small investors, except one aimed only at institutional investors
Securities Market Law, art. 682023
year of Decree 4,788, which ordered the restructuring of SUNACRIP, the crypto-asset supervisor
Official Gazette 6,739What gets tokenized
Debt, equity and revenue: what gets tokenized in Venezuela
Almost every tokenized issuance represents one of these three rights against the issuer. In Venezuela, securities are instruments representing property or credit rights issued in mass, and SUNAVAL decides when in doubt. Publicly offered securities in book-entry form are held only at a securities depository.
| Right | Debt | Equity | Revenue |
|---|---|---|---|
| What is issued | Bonds and commercial paper | Shares | Participation securities |
| The investor receives | The investor lends to the issuer and receives interest and, at maturity, the principal. | The investor joins the capital: dividends, voting rights and a share of any sale or liquidation. | The investor is paid from an asset the originator contributes to an entity created to receive it and fund its operations or projects. |
| The token enforces |
|
|
|
| Issuer | Commercial company | Share-issuing company | Entity created for the asset |
| Register | Securities depository | Securities depository | Securities depository |
| Law | Securities Market Law, arts. 47-49 | Securities Market Law, arts. 54-63 | Securities Market Law, art. 52 |
| How it is issued | Bonds (obligaciones), with medium or long terms, and commercial paper, from 15 to 360 days, are debt securities of commercial companies intended for public offering. Bonds are approved by a shareholders' meeting with at least three quarters of the capital represented, and the offering needs SUNAVAL authorization. | A company offering its shares to the public needs SUNAVAL authorization, decided within twenty business days that can be extended, and registration in the National Securities Registry. From then on it must distribute dividends from each year's net profits, at least 25% of them in cash. | They are debt securities issued by a legal entity created to receive the originator's underlying asset, under requirements set by SUNAVAL, which can demand guarantees depending on the asset. A revenue right outside that structure can also fall under its control: the law covers any right with financial content. |
Regulation
Regulation guide for VenezuelaWhich regulation applies to tokenization in Venezuela?
The 2015 Securities Market Law, with SUNAVAL as supervisor, and the 2019 Constituent Decree on the Comprehensive Crypto-Asset System, with SUNACRIP. A token representing shares, debt or another investment right must fit the securities regime: authorization of the offering, registration in the National Securities Registry and custody at a securities depository.
SUNACRIP has been under restructuring since Decree 4,788 of March 17, 2023, later extended several times, and our guide has not been able to confirm a current procedure for new applicants or a tokenized issuance route. A historical permit or news about a specific operator does not prove that such a route exists today.
The EU maintains restrictive measures in view of the situation in Venezuela, and since 2018 the United States has restricted its persons' dealings in tokens issued by the Venezuelan government; each transaction is reviewed against its counterparties. What can be prepared is the analysis of the right, the SUNAVAL documentation and the platform. We coordinate that work with the law firm, and only authorized entities provide the regulated services.
Venezuela
- Authorities
- SUNACRIP and SUNAVAL, according to activity; BCV within its remit
- Latest regulatory change
- Apr 2026
Key authorisations
- RISEC registration under the applicable framework
- SUNACRIP licence and activity-specific attributes
- SUNAVAL permissions where securities activities are involved
Our legal partners
Methodology
How we tokenize an asset in Venezuela, step by step
The four phases of our methodology, adjusted to the Venezuelan framework: the first two can be done today, and the last two depend on an authorized route for the issuance.
We review the asset's title, encumbrances and cash flows and define with the issuer whether the token would represent bonds, shares or participation securities. That sets the issuing company, the amount and the authorization the offering would need from SUNAVAL.
The law firm assesses the fit with the Securities Market Law and the crypto-asset regime, reviews the sanctions that apply to each counterparty and prepares the documentation for SUNAVAL. As long as there is no established route to issue tokens to the public, the next phases do not start.
We design the white-label platform and the ERC-3643 tokens with the issuance rules, investor onboarding with KYC and the holder register, ready to reconcile with the securities depository that holds the offering's securities.
Fundraising only starts once the offering is authorized and registered in the National Securities Registry. Then we prepare the offering page with the issuer and the brokerage firm; until that point no offer is made to investors.
Reviews in Venezuela
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?
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 texts across the investor portal.
- Investor onboardingSign-up, KYC, KYB and AML checks, and a custodial wallet per investor.
- End-to-end investmentE-signature and payment by SEPA transfer or stablecoin (USDC/EURC).
- ERC-3643 tokensEvery subscription is issued under the offering's rules.
- Issuer consoleProjects, investors, reconciliation, distributions and reporting.
- Compliance and audit trailKYC status per user 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 Venezuela
What we are asked before a project starts.
Talk to our teamIs it legal to tokenize assets in Venezuela?
Today there is no established route to offer tokenized securities to the public. A token representing shares or debt follows the Securities Market Law, with SUNAVAL authorization and registration in the National Securities Registry, and the crypto-asset regime depends on SUNACRIP, under restructuring since 2023. Designing the structure does not authorize offering anything.
Which companies can issue bonds in Venezuela?
A commercial company, by resolution of a shareholders' meeting with at least 75% of the capital represented, unless the bylaws require more. The meeting can delegate the issuance to the directors for up to two years, within the limits set by SUNAVAL, which authorizes the public offering.
When is a securities offering public in Venezuela?
The law defines a public offering as one made to the public, to sectors or to specific groups, by any means, to subscribe or acquire securities issued in mass, and SUNAVAL classifies it when in doubt. Except for one aimed only at institutional investors, at least 20% must be offered to small investors, unless SUNAVAL lowers or waives that minimum.
Does the token grant ownership of the asset?
Not by itself. The enforceable right against the issuer, its transfer and the formalities of the asset must be documented, and a digital record neither proves ownership of a property nor protects against the issuer's insolvency. Publicly offered securities in book-entry form are held at a securities depository.
Asset tokenization
Assets we tokenize in Venezuela.
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.
Let's talk about your project in Venezuela
Tell us which right you want to issue and we will review the structure and what the Venezuelan framework requires today, without committing to issuance timelines.
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 KingdomMexicoSingaporeAustraliaSwitzerlandColombiaArgentinaChilePeruPortugalGermanyHong KongBrazilEcuadorFranceIndiaPanamaAndorraAustriaBahrainBelgiumBoliviaCanadaCosta RicaCubaCyprusCzechiaDenmarkDominican RepublicEl SalvadorEstoniaFinlandGreeceGuatemalaHondurasHungaryIrelandIsraelItalyJapanKuwaitLiechtensteinLithuaniaLuxembourgMaltaMonacoMoroccoNetherlandsNew ZealandNicaraguaNigeriaNorwayOmanParaguayPolandPuerto RicoQatarRomaniaSan MarinoSaudi ArabiaSeychellesSouth AfricaSouth KoreaSwedenTurkeyUruguay
