The asymmetric CHinsertion of α‐diazoesters into 1‐alkynes was achieved using chiral cationic guanidinium salts and copper(I) complexes. Optically active 2,4‐disubstituted allenoates were generated under mild reaction conditions from various α‐diazoesters and 1‐alkynes in high yield (up to 99 %) and enantioselectivity (up to 97:3 e.r.). Control experiments excluded the possibility of an asymmetric