Pakistan is taking a significant step in its national financial digitalization roadmap by officially partnering with cryptocurrency exchange Binance to explore the possibility of Tokenize state assets worth up to $2 billion. This move reflects Islamabad's efforts to leverage blockchain technology to improve liquidation, expand Capital channels, and attract international investment amidst a volatile global economy.
According to information released by Pakistan's Ministry of Finance, the country has signed a memorandum of Mnemonics with Binance, under which the two parties will jointly evaluate and develop a framework for Tokenize traditional financial instruments such as government bonds, treasury bills, and a portion of national commodity reserves. When these assets are brought onto the blockchain as Token , they can be traded more flexibly, reduce intermediary costs, and reach a broader investor base compared to traditional financial models. The Ministry of Finance emphasized that the initial pilot project could be worth approximately $2 billion; however, the plan still requires regulatory approval before official implementation.
