by Andy
Tokenising Assets in Chile: Regulation, Key Sectors, and Opportunities in 2026
Boasting South America's deepest capital markets, Chile offers exceptional conditions for scaling tokenised real-world assets. Here is what the CMF's current framework permits and where the most compelling yields lie.
Chile occupies an enviable position on the Latin American financial map. It blends institutional stability and a corporate sector well accustomed to sophisticated instruments with an abundance of blue-chip real assets—renewables, mining, agribusiness, and infrastructure—that lend themselves naturally to tokenisation.
While the country is still progressing towards bespoke legislation akin to Argentina's General Resolution No. 1069, that transition does not hold back market activity; rather, it provides a clear legal blueprint for operating safely today.
The current perimeter under the CMF Chile's Financial Market Commission (CMF) has maintained a pragmatic, investor-protection-first stance that avoids stifling financial innovation. In practice, Chilean issuances are structured using tried-and-tested legal vehicles—such as Private Investment Funds (FIPs), trusts, or simplified joint-stock companies (SpAs)—with tokenisation layered on top for digital registration, distribution, and automated administration.
Given that the regulator has already signalled its roadmap towards dedicated digital-finance rules, firms structuring issuances to institutional standards today stand to capture a decisive first-mover advantage once mainstream adoption accelerates.
Sectors leading the charge
- Renewable energy: With over half of its power grid supplied by clean sources, Chile enjoys a deep pipeline of solar and wind projects backed by long-term PPAs—ideal for fractionalising predictable cash flows.
- Real estate and infrastructure: Commercial and residential developments in Santiago and regional hubs, alongside Chile's established track record in logistics and toll-road concessions, are turning to tokenisation to court cross-border capital and diversify funding lines.
The case for moving early For Chilean corporates, waiting until every last regulatory footnote is drafted means ceding ground. The real edge lies in structuring high-grade assets today via proven legal wrappers and institutional technology, capturing global investors hungry for Chilean exposure ahead of the pack.
This content is provided for informational purposes only and does not constitute investment advice. All investments carry risk.