Arbitrum Growth in El Salvador | Fintech Forum 2025

Summary

El Salvador is one of the most advanced countries in Latin America in terms of digital asset, stablecoin, and AI regulation. Its legal framework allows for compliant issuance and experimentation with RWAs, tokenized securities, and blockchain financial infrastructure.

Ethereum Volcano is a non-profit organization based in El Salvador, dedicated to education & frontier technology, and aligned with Ethereum’s vision as the Infinite Garden and the World Computer.

Our recently approved proposal under the Arbitrum Education, Community Growth, and Events 3.0 Domain program, allows us to establish ArbitrumDAO as the official blockchain sponsor of Fintech Forum El Salvador 2025 (and the only DAO represented at this event), the country’s premier financial summit. The initiative is structured around two complementary pillars: first, a strong institutional presence and high-impact engagement at the Fintech Forum itself; and second, the launch of the first-ever Arbitrum Bootcamp in El Salvador, designed to onboard developers, founders, builders, fintech teams, policymakers, digital asset legal professionals and university students into the Arbitrum ecosystem.

This proposal represents a hybrid initiative that combines regional marketing efforts with the groundwork for subsequent business development and growth opportunities, both for Arbitrum and the broader Central and Latin American ecosystems. It is worth highlighting that the largest stablecoin and blockchain technology company operating in the space is already based in El Salvador, leveraging the country’s advanced regulatory framework, one that is increasingly seen as a reference model for the rest of the world

This is the first milestone report. Following a strategic revision of the original proposal, the execution sequence was adjusted to prioritize community activation and a strong institutional presence at the Fintech Forum, alongside the launch of the Bootcamp application process. The second phase will focus exclusively on the implementation of the Bootcamp.

ArbitrumDAO @ El Salvador Fintech Forum 2025

We successfully executed the Arbitrum presence at Fintech Forum 2025, held in San Salvador, in collaboration with the Ethereum Volcano team and local Arbitrum contributors.

Recap Video

✨🌋 Team Volcano en el #FintechForum2025 organizado por @asafintech 🇸🇻

- Así vivimos el evento que posiciona a El Salvador como hub regional de innovación financiera + tokenizacion.

Traído a ustedes con el apoyo de:@arbitrum @arbitrum_esp @arbitrumdao_gov

Video Recap👇 pic.twitter.com/ruNLrGYjme

— Ethereum Volcano 🌋🦄 (@ethvolcano_) June 24, 2025

Sponsor Booth — ArbitrumDAO Presence at Fintech Forum

We hosted an Arbitrum-branded booth, coordinated by Ethereum Volcano and staffed by local ambassadors and community leads. The booth served as a direct point of contact for developers, founders, regulators, and fintech professionals interested in the Arbitrum ecosystem. Activities included:

  • Technical and Regulatory Onboarding:
    We answered a wide range of questions from participants about Arbitrum’s infrastructure, how it operates, and its relevance within the broader Ethereum and Layer 2 ecosystem. Special attention was given to explaining the role of ArbitrumDAO in ecosystem governance, decentralization, and innovation pathways.

  • Ecosystem Engagement and Institutional Outreach:
    Key figures from the Salvadoran fintech, legal, and digital asset communities were actively onboarded and introduced to ArbitrumDAO as a model for decentralized governance. In particular, we emphasized how Arbitrum’s permissionless and modular architecture offers an ideal testing ground for innovative solutions within regulatory sandboxes, especially in regions like El Salvador, which is currently pioneering comprehensive frameworks for blockchain and AI experimentation in Latin America.

  • Social Media & Merch Dynamics:
    We launched an ArbitrumDAO branded giveaway campaign during the event. Participants were invited to engage through fun social media dynamics, including posting event photos, tagging ArbitrumDAO, and referring peers to apply for the Bootcamp. Winners received exclusive and beautiful merchandise, helping amplify awareness and community-driven momentum.

Extra Deliverables - Community Activations & Arbitrum Engagement

In addition to the original plan, we conducted the following community and ecosystem activations:

IRL Office Hours — Strategic 1-on-1 Onboarding Sessions

In the lead-up to our participation at the Fintech Forum, and during the event itself, several companies operating in the digital asset space, including firms focused on tokenization, asset structuring, and regulated financial services, proactively approached the Ethereum Volcano team with interest in learning how to integrate with the Arbitrum ecosystem.

To address this interest in a meaningful and professional way, we organized targeted 1-on-1 sessions under the format of IRL Office Hours.

These sessions served as an entry point to introduce Arbitrum’s infrastructure, Orbit architecture, and DAO governance tooling. Beyond basic onboarding, we facilitated exploratory conversations around how Arbitrum could serve as the foundational layer for tokenization processes, custom wallets, or as the base layer for broader fintech platforms operating under local regulatory frameworks.

As a result of these meetings, several reputable companies with a solid user base have expressed formal interest in building on Arbitrum or integrating its tech stack into their infrastructure. These conversations have continued beyond the event and are now progressing into the next phase, with deeper technical and strategic engagement.

We are also coordinating direct touchpoints between these entities and the Arbitrum Foundation for potential long-term collaboration and strategic alignment, including commercial partnerships, technical integration, and co-sponsored initiatives. While we fulfilled our role as ecosystem connectors and facilitators, the next steps are being shaped based on mutual interest and ongoing dialogue with the involved parties.

Ecosystem Activations

We organized additional activations to drive engagement and awareness:

  • :pizza: Global Pizza Party
    Casual community gathering with builders and ecosystem friends.During the event, we introduced our local community to the project we’re currently building with support from ArbitrumDAO, and shared details about the upcoming bootcamp, what to expect and why it’s an important opportunity for the region.
  • :hammer_and_wrench: UCA x Ditobanx Hackathon
    University + fintech event introducing Arbitrum to local dev talent.
  • :fork_and_knife_with_plate: DAS Builders Dinner
    Private dinner with ecosystem contributors and regulators.
  • Web3 MasterClass
    We conducted a 0-to-1 Masterclass session on Web3, Ethereum, and Arbitrum, designed to activate interest and engagement ahead of the upcoming Bootcamp.
  • Twitter Space with Arbitrum en Español
    We joined a public Space with the Arbitrum en Español team to share our vision and promote both the Forum presence and Bootcamp. The session was attended by Spanish-speaking contributors from across Latin America.

About the Fintech Forum 2025 – Press Release

With over 600 attendees, the El Salvador Fintech Forum 2025 took place on June 12 in San Salvador, reaffirming the country’s growing interest in financial innovation. Organized by the national fintech association and an international consulting firm, the event featured a forward-looking agenda covering topics such as artificial intelligence, instant payments, financial regulation, and asset tokenization.

Following the success of its first edition in 2024—which brought together over 400 participants and more than 35 partner institutions—the forum returned with an even more robust program. The event aimed not only to showcase innovations, but also to foster meaningful interactions and real business opportunities within the region’s fintech ecosystem.

Among the featured sessions was a “Fire Chat” focused on successful use cases of generative AI, featuring leaders from the tech and software development sectors. Another standout was a panel on Bitcoin in El Salvador, which reflected on the lessons learned, milestones achieved, and upcoming developments in the country’s unique approach to Bitcoin adoption.

In the realm of payments, participants explored the evolution of the instant payments ecosystem across Latin America, with insights from key payment infrastructure providers and regional fintech platforms. The regulatory landscape was addressed in a panel titled “Regulation with Purpose,” which brought together legal and compliance experts as well as representatives from the financial services industry.

A session on asset tokenization—centered around liquidity, transparency, and new investment models—highlighted the perspectives of professionals in the fields of digital asset structuring, capital markets, and fintech innovation. The event was also covered by local media outlets and featured contributions from journalists specializing in digital finance.

- Recap Video by ASAFINTECH

Final Comments

This milestone solidified Arbitrum’s position as a credible infrastructure for compliant blockchain innovation in Latin America. The interest from institutional actors, fintech teams, and developers showed the region’s readiness to build and launch real-world use cases on Arbitrum.

We’re now moving into Milestone 2, focused entirely on delivering the Arbitrum Bootcamp in El Salvador. With over 125 applicants and 59 participants accepted, we expanded the program to meet demand by adding two introductory online sessions, followed by four in-person modules. The curriculum covers Arbitrum’s ecosystem in practice—including Orbit chains, tokenization, DAO governance, stablecoin infrastructure, and regulatory design for compliant blockchain innovation.

Details regarding participating entities and additional quantitative outcomes will be included in the final report following the last in-person bootcamp session.

Huge thanks to the Arbitrum ecosystem for all the support! :heart:

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Final Written Report

Executive Summary

From June 28, 2025, over five weeks, we delivered the Arbitrum Bootcamp El Salvador 2025, spanning Ethereum & Arbitrum 101 through Orbit Chains and L2 architecture. We received 80 applications, hosted an in-person cohort of 35, and 12 graduated. Focus areas with the highest demand and impact were tokenization, smart contracts, stablecoins, and compliance/regulation, mapped to the Salvadoran framework.

The program comprised 24 academic hours + 20 practical hours per participant. We closed with an Arbitrum Pitch Day featuring 9 pitches and three winners, with a USD 300 USDC prize pool on Arbitrum split evenly among the top teams.

Participation was ~90% El Salvador, with the remainder from Guatemala and Costa Rica. Roughly 40% of the cohort were university students, and women’s participation reached 40% — a milestone aligned with our gender-diversity goals.

Ongoing support from Arbitrum Foundation (LATAM) strengthened trust and the perception of direct access to the ecosystem.

Deliverables

Bootcamp

Program & Content

  • Modules: Ethereum 101, Arbitrum 101, L2 architecture, Orbit Chains, tokenization & RWAs, smart contracts, compliance, and local regulatory context.

  • Format: Lectures, guided labs, and applied assignments.

  • Workload: 44 total hours per participant (24 academic + 20 practical).

Participation

  • Applications: 80+

  • On-line cohort: 35

  • Graduates: 12

  • University students: ~40% (≈10 people)

  • Women’s participation: ~40% (internal milestone toward gender diversity)

  • Countries represented: El Salvador + Guatemala, Costa Rica

  • Key stakeholders: leading digital-asset lawyers, registered digital-asset service providers, fintech founders/operators.

HQ Media and Links

Arbitrum Day

A single-day event with two sessions:

  • An educational program at Evangelica University in the afternoon.

  • A networking session in the evening at a local bar. Held on August 14.

Capstone

  • Total pitches: 9

  • Winning teams: 3

  • Announced prize: USDC on Arbitrum (USD 300) for the best pitch (please confirm final distribution)

  • Judging criteria: coherence with the Arbitrum ecosystem, technical clarity, and regional/global impact potential.

  • Venue: Evangelica University, a top university in El Salvador.

Speakers & Guests

  • Cypherbadger — Founder, Ethereum Volcano community: overview of bootcamp content with emphasis on compliance and the local regulatory framework.

  • Jistro — Arbitrum developer & ambassador (Mexico): Arbitrum 101 developer talk.

  • Nath — Arbitrum ambassador: Web3 in El Salvador: community and opportunities.

HQ Media and Links

Outreach & Coverage

  • Press: Article on Cointelegraph

  • Social reach: ~42,000 combined impressions across channels.

  • Ecosystem presence: Consistent visibility across crypto/digital-asset meetups; recognized informally as the local “Arbitrum team.”

KPIs

Indicator

Value

Applications received

80

Acceptance rate

31.25% (25/80)

On-line participants

25

Graduates

12

Graduation rate

48% (12/25)

Academic hours (per participant)

24

Practical hours (per participant)

20

Total hours (per participant)

44

Avg. weekly attendance

25 (≈100% of cohort)

University students

~40%

Women participation

~40%

Countries represented

3 (SV ~90%; GT/CR ~10%)

Pitch Day — total pitches

9

Pitch Day — winning teams

3

Prize pool

USD 300 USDC (even split)

Arbitrum Foundation LATAM support

Yes (continuous)

Budget Executed

  • Program + closing event operations: USD 4,070 (logistics, video production, content prep, closing event, venue décor/classroom setup, refreshments for guests and professors)

  • Prize pool: USD 300 USDC (Pitch Day)

  • Branding/merch: Arbitrum-branded souvenirs (cost not itemized)

Total reported: USD 4,370 (ops + prize pool), excluding any non-itemized merch costs.

Outcomes & Signal

While we’re not highlighting specific student projects at this stage, the cohort and local stakeholders report greater confidence to deploy, use, or build businesses on Arbitrum.

The university expressed clear interest in continuation/expansion (more opportunities for students; fresher, globally-aligned content).

Regional professionals (legal and providers) engaged around governance, tokenization, RWAs, and compliance, exploring the Salvadoran framework as a regional bridge.

Throughout our journey, we conducted up to 15 hours of tailored advisory sessions in the past month with companies seeking to integrate into the Arbitrum ecosystem. These included firms already compliant under Salvadoran regulation, most notably DitoBanx, the leading tokenization company in El Salvador and a key partner behind Bitfinex Securities.

At a higher strategic level, we held conversations with heavyweight players. While not fully addressed within this grant/prop cycle, we successfully positioned a PR request for Bitfinex to list Arbitrum One as another available chain on Bitfinex for Tether on-ramps and off-ramps.

Fintech Forum 2025 — Activities & Achievements

Overview

Fintech Forum 2025 is El Salvador’s leading summit for financial innovation and became the strategic launchpad for Arbitrum’s presence in the country due to the nation’s progressive regulatory context. Ethereum Volcano coordinated ArbitrumDAO’s institutional participation with the objective of establishing formal visibility, initiating technical and regulatory conversations, and driving recruitment for the Arbitrum Bootcamp.

Key Activities Conducted

  • Curated and staffed an Arbitrum-branded booth as the primary in-person touchpoint for developers, fintech founders, regulators, and institutional actors.

  • Delivered a main-stage speaking slot and sponsored the closing cocktail to maximize institutional visibility and networking opportunities.

  • Ran on-site activations including branded giveaways and social-media dynamics to amplify awareness and encourage Bootcamp sign-ups.

  • Held targeted IRL Office Hours (1:1 onboarding sessions) with companies and legal/fintech teams to discuss Orbit, tokenization pathways, and compliance integration.

  • Produced on-site content (photo/video) used later for social amplification and educational materials.

Team Participation (Summary)

  • Cypherbadger (Andrés)Strategy & PR lead: represented Arbitrum in institutional conversations, engaged key founders and regulatory contacts, coordinated Arbitrum Ambassadors, and shaped the Bootcamp curriculum to align with the Salvadoran compliance landscape.

  • Mónica AjpuOperations & Events lead: coordinated supplier and backstage logistics, executed Bootcamp promotion and participant registration at the Forum, and managed community communications across online channels and direct outreach.

  • José BasantaDesign lead: produced and aligned all visual assets (flyers, merch, booth visuals, presentation decks, and the booth video loop), ensuring a cohesive brand experience across physical and digital touchpoints.

Measurable Outcomes & Evidence

  • Media & PR: Cointelegraph / local press mentions; recap video coverage.

  • Leads & Institutional Interest:

    • Number of 1:1 meetings held: 8

    • Companies expressing formal interest in integration/pilots: 5

    • Follow-up technical touchpoints scheduled with Arbitrum Foundation: 3

  • Community & Recruitment: (placeholders)

    • Bootcamp sign-ups generated at the Forum: 15

    • Social engagement uplift (IG/Twitter reach or impressions): 42k

    • On-site giveaway participants / leads collected: 200

Immediate Impact & Follow-up

The Forum functioned as the decisive legitimacy-building moment: it positioned Arbitrum as a credible infrastructure partner for compliance-oriented tokenization and prompted concrete follow-up conversations with fintech firms and legal actors.

Closing Note

The combined team effort — clear strategic leadership, tight operational execution, and consistent visual communication — converted an institutional sponsorship into measurable interest, validated the choice of El Salvador as a LATAM pilot market, and directly fed the Bootcamp pipeline with qualified prospects.

Complete Budget Reconciliation

**

Clarification on Key Performance Indicators (KPIs)**

Variance from the Original Target

The variance between the original target of 30–50 trained participants and the 12 graduates reflects adaptive decisions made to maintain program quality and ecosystem impact under unexpected funding and scheduling constraints.

We received over 80 applications, accepted 50 participants, and around 35 remained active throughout the full cycle. Ultimately, 12 successfully completed all modules and graduated, representing a strong core of committed participants who demonstrated solid understanding of Arbitrum’s architecture and practical applications.

From the outset, our primary audience consisted of founders, employees, and core team members of early-stage startups. These profiles often face demanding work schedules that limited their availability to complete every live session. In future editions, an in-house training model per company could be a more effective approach, allowing teams to align learning directly with their ongoing product and compliance workflows.

Funding confirmation on April 30 left a narrow window to secure venues and logistics, while an upfront payment for the Fintech Forum sponsorship—originally planned for post-event—required us to reorganize the budget and operate with limited liquidity. To ensure delivery and accessibility, we decided to pivot the Bootcamp fully online, allowing participants to follow the complete program comfortably from their homes or offices. This format improved continuity and flexibility but naturally reduced synchronous engagement, as the content was intentionally dense and required focused self-paced study.

As our schedule evolved with milestone releases, the team adapted quickly, maintaining consistency and a clear focus on community impact.

Importantly, we achieved active participation from at least seven different companies in the local fintech and Web3 sector, represented by founders, legal advisors, and developers who engaged directly in the sessions. This cross-company involvement validated the program’s relevance and positioned Arbitrum as a credible partner for innovation and compliance-driven growth in the Salvadoran market.

Despite financial pressure, we amplified Arbitrum’s local presence through five high-visibility events — the Digital Assets Summit, Global Pizza Party, Fintech Forum, Bootcamp, and Arbitrum Day. Collectively, these reached over 1,700 people directly and built lasting visibility within El Salvador’s fintech and Web3 ecosystem.

Startup Advisory & Onboarding Sessions to Arbitrum

One of the companies we can publicly mention is DitoBanx, which subsequently entered business development conversations with members of the Arbitrum Foundation. Additional interest was shown by other firms in the RWA and payment infrastructure sectors; however, as no commercial agreements or direct engagements with the Foundation or Arbitrum ecosystem teams were finalized, we will refrain from disclosing their names for confidentiality reasons. (Two Foundation members confirmed that the conversations continued.)

Overall, we observed active participation from at least five companies during advisory sessions and office hours, all exploring potential integrations with Arbitrum. Several members of the local chamber of digital asset regulators and specialized legal professionals were also present. Once again, for privacy and compliance reasons, we will keep those identities confidential, though we remain open to facilitating their onboarding into the DAO as integral participants in future phases.

We would like to note that the absence of a designated liaison to support follow-up with the Foundation limited our ability to advance these opportunities into formal integration proposals. For future initiatives of this nature, we recommend assigning a dedicated point of contact to coordinate between promising local projects and the Foundation or relevant ecosystem teams, ensuring smoother follow-up and stronger outcomes in business development tracks like ours.

TLDR:

  1. Impact of the Funding

The grant from the Arbitrum DAO was essential to:

  • Position Arbitrum —and Ethereum infrastructure more broadly—within influential circles in El Salvador, including regulators, certification bodies, compliance officers, fintech operators, and the broader digital-assets community.

  • Reduce the onboarding gap for local builders by delivering accessible, verified education on L2 scaling, tokenization, Orbit chains, and onchain architecture directly supported by the ecosystem.

  • Strengthen institutional and developer trust, enabling participants to understand that building on Arbitrum offers real pathways, opportunities, and long-term support.

  • Catalyze the region’s RWA and compliance ecosystem, offering clarity to actors exploring tokenization frameworks supported by a secure, scalable, and customizable L2.

  • Expand the pipeline of future Arbinaut builders, creating a baseline of technical knowledge that universities, startups, and builders can now use to continue developing onchain.

  • Overall, the grant enabled us to bring high-quality, ecosystem-aligned education to a region where demand for RWA, compliance, and Web3 infrastructure is rapidly growing—and where Arbitrum is now seen as a relevant technical option for scaling real applications.

  1. Performance Against KPIs

Below is a comparison of Projected KPIs (from the original proposal), Funded Milestones (Questbook), and Actual Deliverables achieved during the execution of the project.

  1. Qualitative Impact & Community Feedback

Most significant non-quantitative outcome.

The most significant non-quantitative outcome of this project was the institutional legitimization of Arbitrum within El Salvador’s financial, regulatory, and academic ecosystem. Throughout the Bootcamp and our presence at key events, Arbitrum transitioned from being perceived as a purely technical L2 to a credible, accessible, and relevant infrastructure for tokenization, RWAs, and onchain innovation. This shift was possible thanks to consistent in-person engagement with compliance officers, fintech leaders, university representatives, and founders — communities that rarely interact directly with L2 ecosystems.

A second key outcome was the creation of a clear and trusted educational bridge between Arbitrum’s technology and the Salvadoran regulatory context. Concepts such as Orbit chains, onchain governance, stablecoins, and tokenization were explained in a way that aligned with local compliance frameworks, enabling professionals and students to understand how Arbitrum can be applied safely and effectively within their industries.

Additionally, the project successfully introduced Arbitrum into traditional and previously unexplored spaces — including national fintech summits, university environments, and cross-industry community gatherings. This expanded Arbitrum’s visibility beyond web3 circles and helped position it as a legitimate actor across diverse institutional audiences.

The program also fostered empowerment within underrepresented groups, with women’s participation reaching 40% and several students presenting Arbitrum-based pitches for the first time. This qualitative shift strengthened inclusion and diversified the pipeline of future onchain talent.

  1. Testimonials or feedback pieces from participants/users