From Million-NFT Event Tickets to a Modernized Capital Markets Framework.

• Argentina’s CNV regulator has expanded its tokenization framework to incorporate shares and bonds, and modernized its capital markets with new guidelines for digital belongings.
• A brand new social community for digital music followers constructed round NFT tickets has amassed greater than 800,000 customers throughout Latin America.

The Argentinian startup BOMBO has confirmed the sale of over 1 million tokenized tickets since its launch two years in the past. These non-fungible tokens (NFTs) have been used to entry greater than 1,300 digital music occasions throughout the nation. This business exercise fashioned the idea for the corporate’s current enlargement Chile And Perua step that’s carried out with out relying on exterior funding capital.

The platform was initially designed to fight ticket fraud prevalent within the reside occasions trade. It makes use of the traceable nature of blockchain-based tokens to confirm the authenticity of every entry move. The system additionally simplifies gross sales administration and occasion monitoring for occasion organizers.

This improvement goals to facilitate neighborhood interplay and assist natural promotion of occasions. The social element at present reviews a consumer base of over 800,000 folks. With this established consumer community and technological infrastructure, the corporate started its Latin American enlargement.

Tickets are actually accessible for digital music occasions in Chile and Peru, scheduled for the rest of 2025 and into 2026. The corporate additionally famous a restricted variety of occasions in Uruguay. The choice of Chile and Peru for enlargement stems from an recognized market want. Each international locations host a variety of occasions however reportedly lack complete assets for his or her native communities.

That is why the startup has set particular market seize targets for its first 12 months of operations. In Chile, the aim is to safe 50% of all main festivals. For Peru, the aim is to seize not less than 25% of the digital music market.

An organization consultant said that the digital scene in Latin America is rising every day, however instruments that shield the general public, empower producers and supply actual visibility to native expertise are nonetheless missing.

Chile is the primary occasion that may be bought on the platform ARTIFICIAL BATscheduled for October 31. That is adopted by the Resistance pageant in December and the Elrow occasion in January. For its debut in Peru, the platform will deal with ticket gross sales for the Resistance occasion on December 5, that includes worldwide DJs equivalent to Adam Beyer and Korolova.

Argentina’s regulator is increasing the scope of its tokenization framework for capital markets

Argentine Nationwide Securities Fee (CNV) has authorized a brand new change to its tokenization regime by means of Normal Decision No. 1087. This replace expands the scope of the framework initially established by RG No. 1081. The regulatory physique introduced that the measure goals to proceed innovation, embrace extra permissible devices and simplify processes for digital illustration in capital markets.

The vary of monetary devices that now qualify for this digital illustration has been elevated. The replace contains belongings equivalent to equities, marketable bonds, debt securities, certificates of participation in monetary trusts and items of closed-end credit score mutual funds with a public providing.

CNV President Roberto E. Silva said that the modification contains new instruments and procedures. These additions facilitate the issuance and buying and selling of digitally represented belongings inside a regulated setting. The decision additionally requires issuers requesting permission for digital illustration to incorporate an extra chapter of their documentation. The requirement applies even when prior approval of the prospectus is just not vital.

In line with the CNV, these modifications strengthen Argentina’s regulatory framework for the tokenization of monetary belongings. The modifications are a part of a broader technique to modernize capital markets, enhance entry to finance and simplify administrative procedures.