Binance, Pakistan sign MOU to explore tokenization of $2 billion in state-owned assets

JH Kim

Summary

The Pakistani government and Binance said they have signed a memorandum of understanding to tokenize state-owned assets totaling $2 billion.
The cooperation reportedly examines converting Pakistan's government bonds and commodity reserve assets into blockchain-based tokens.
If tokenization is pursued, asset liquidity and market access would expand, and Binance would secure a large-scale real asset tokenization project.

According to Reuters on the 12th (local time), the Pakistani government and Binance have signed a memorandum of understanding (MOU) to tokenize state-owned assets totaling $2 billion.

The cooperation examines converting Pakistan's government bonds and commodity reserve assets into blockchain-based tokens.

If tokenization is fully pursued, Pakistan could expand asset liquidity and market access, while Binance would secure a large-scale real asset tokenization project.