Pakistan to allow Binance to explore 'tokenisation' of up to $2 billion of assets to boost liquidity and attract investors. The MOU agreement comes as Pakistan accelerates the rollout of a formal crypto regulatory framework and explores blockchain-based distribution of government-owned assets.

“The MoU establishes a framework for exploring potential collaboration on the tokenization and blockchain-based distribution of Pakistan’s real-world and sovereign assets, including government bonds, treasury bills, commodity reserves and other federally owned assets,” the finance ministry said. “Subject to applicable laws, policies and regulatory approvals, the initiative may involve assets of up to USD 2 billion, with the objective of enhancing liquidity, transparency and international market accessibility.”

Top comment by @Spencer420

More coverage

• Crypto Exchange Binance To Assist Pakistan In Tokenizing $2 ... (tradingview.com)
• Pakistan to allow Binance to explore 'tokenisation' of up to $2bn of ... (dawn.com)
• Pakistan Signs $2B Tokenization Deal With Binance (binance.com)
• Sovereign Tokenization: Did Pakistan Just Select Binance to - Binance (binance.com)
• #BINANCE TO HELP PAKISTAN TOKENIZE $2B IN ASSETS ... (x.com)

Explore the topic

• Pakistan
• Tokenomics
• Binance
• Liquidity