The agency updated market rules to allow new forms of digital representation of shares, negotiable obligations, financial trusts and mutual funds.
The National Securities Commission (CNV) published this Thursday in the Official Gazette the General Resolution 1087/2025which modifies the Standards (ordered text 2013 and its modifications) and introduces changes in the regime of tokenization of negotiable securitieswhich expands the financial instruments that can be digitally represented using distributed ledger technologies and simplifies issuance procedures.
The measure, signed by Manuel Ignacio Calderón, Laura Inés Herbon and Roberto Emilio Silvaestablishes that they can be tokenized shares, negotiable obligations, Cedears, financial trust certificates and shares of closed-end mutual fundsas long as they are assets backed mainly by real assets or “real world assets”.
The resolution also supports low tokenization medium-impact automatic public offering regimes, frequent senders either frequent issuances of financial trustswith the aim of facilitating access to financing and promoting technological innovation in the local market.
Among the main modifications, the CNV determined that It will not be mandatory to list in authorized markets those issues that are 100% digitally represented.thus seeking to prevent the requirement from discouraging the adoption of tokenization.
Likewise, the text provides that issuers must request prior authorization from the CNV for digital representationeven when they are not required to submit a prospectus for approval.
According to the foundations of the norm, the decision seeks strengthen legal security, promote financial inclusion and position Argentina as a regional center for digital financein line with the technological advances that capital markets are experiencing globally.
General Resolution 1087/2025 goes into effect this Fridayone day after its publication in the Official Gazette.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
