AFP Protección, Colombia's Second-Biggest Pension Manager, to Provide Bitcoin Investment Access
The pension fund administrator confirms that the Bitcoin investment vehicle will be exclusively available to accredited investors and won't modify the fundamental structure of Colombia's pension asset allocation.
AFP Protección, the nation's second-largest administrator of private pension and severance funds in Colombia, is getting ready to introduce an investment vehicle that provides exposure to Bitcoin.
In a conversation with Valora Analitik, a local media outlet, Juan David Correa, who serves as president of Protección SA, validated the upcoming initiative. Correa explained that the product will feature restricted access, available exclusively through a customized advisory procedure created to evaluate the risk tolerance of individual investors. The ability to allocate portions of investment portfolios to Bitcoin (BTC) will be reserved solely for clients satisfying particular qualifying standards.
"The most important element is diversification,"
Correa noted, adding that "those who can participate will find a space for a percentage of their portfolio, if they so wish, to be exposed to this type of asset."
The initiative by Protección comes after Skandia Administradora de Fondos de Pensiones y Cesantías took a comparable step, having started providing Bitcoin exposure within one of its investment portfolios in September of the previous year. This launch positions Protección as the second leading pension fund management company in Colombia to venture into the digital asset sector.
Bitcoin fund will not change core pension investments
According to Protección, the newly introduced Bitcoin-linked investment vehicle doesn't signify a transformation in the management approach for the majority of Colombian pension assets. Traditional investment vehicles such as fixed income securities, equity holdings and other conventional assets continue to form the foundation of pension investment portfolios. Rather, this product is being presented as a supplementary choice for accredited investors who are pursuing portfolio diversification opportunities.
Established in 1991, AFP Protección oversees assets exceeding 220 trillion Colombian pesos (roughly $55 billion) on behalf of more than 8.5 million customers throughout mandatory pension schemes, voluntary pension programs and severance fund accounts.
The overall mandatory pension fund industry in Colombia achieved a total value of 527.3 trillion pesos by November 2025, with approximately half of these assets allocated to international investments.
Colombia introduces mandatory crypto reporting rules
At the beginning of this month, DIAN, Colombia's taxation authority, unveiled a compulsory reporting structure for cryptocurrency service providers, mandating that exchanges, custody providers and intermediary platforms gather and deliver user information and transaction records.
This resolution brings Colombia into alignment with the OECD's Crypto-Asset Reporting Framework (CARF), facilitating the automatic sharing of cryptocurrency-related taxation information with international regulatory authorities. According to the new regulatory regime, service providers are obligated to report identification information and transaction details for users subject to reporting requirements, adhere to due diligence procedures and valuation guidelines, and face financial penalties for non-compliance with these requirements.