- Argentina’s CNV regulator has expanded its tokenization framework to include stocks and bonds, and modernized its capital markets with new rules for digital assets.
- A new social network for electronic music fans built around NFT tickets has amassed more than 800,000 users across Latin America.
The Argentinian startup BOMBO has confirmed the sale of over 1 million tokenized tickets since its launch two years ago. These non-fungible tokens (NFTs) have been used to access more than 1,300 electronic music events across the country. This commercial activity formed the basis for the company’s recent expansion Chile And Perua step that is carried out without depending on external investment capital.
The platform was originally designed to combat ticket fraud prevalent in the live events industry. It uses the traceable nature of blockchain-based tokens to verify the authenticity of each access pass. The system also simplifies sales management and event tracking for event organizers.
This development aims to facilitate community interaction and support organic promotion of events. The social component currently reports a user base of over 800,000 people. With this established user network and technological infrastructure, the company began its Latin American expansion.
Tickets are now available for electronic music events in Chile and Peru, scheduled for the remainder of 2025 and into 2026. The company also noted a limited number of events in Uruguay. The selection of Chile and Peru for expansion stems from an identified market need. Both countries host a wide range of events but reportedly lack comprehensive resources for their local communities.
That’s why the startup has set specific market capture goals for its first year of operations. In Chile, the goal is to secure 50% of all major festivals. For Peru, the goal is to capture at least 25% of the electronic music market.
A company representative stated that the electronic scene in Latin America is growing daily, but tools that protect the public, empower producers and provide real visibility to local talent are still lacking.
Chile is the first event that can be purchased on the platform ARTIFICIAL BATscheduled for October 31. This is followed by the Resistance festival in December and the Elrow event in January. For its debut in Peru, the platform will handle ticket sales for the Resistance event on December 5, featuring international DJs such as Adam Beyer and Korolova.
Argentina’s regulator is expanding the scope of its tokenization framework for capital markets
Argentine National Securities Commission (CNV) has approved a new change to its tokenization regime through General Resolution No. 1087. This update expands the scope of the framework originally established by RG No. 1081. The regulatory body announced that the measure aims to continue innovation, include more permissible instruments and simplify processes for digital representation in capital markets.
The range of financial instruments that now qualify for this digital representation has been increased. The update includes assets such as equities, marketable bonds, debt securities, certificates of participation in financial trusts and units of closed-end credit mutual funds with a public offering.
CNV President Roberto E. Silva stated that the amendment includes new tools and procedures. These additions facilitate the issuance and trading of digitally represented assets within a regulated environment. The resolution also requires issuers requesting permission for digital representation to include an additional chapter in their documentation. The requirement applies even if prior approval of the prospectus is not necessary.
According to the CNV, these changes strengthen Argentina’s regulatory framework for the tokenization of financial assets. The changes are part of a broader strategy to modernize capital markets, improve access to finance and simplify administrative procedures.