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👋 Hello Binancians! We kick off the week with Binance Bytes, your quick summary of the hottest 🔥 in crypto and blockchain.
1️⃣ Pakistan and Binance aim for tokenization 🇵🇰⛓️
The Ministry of Finance of Pakistan signed a MoU with Binance to explore the tokenization of up to US$2B in sovereign bonds and T-bills.
💡 Why it matters: Marks a key step in the adoption of RWA at the state level, improving liquidity and attracting international capital.
2️⃣ Standard Chartered + Coinbase strengthen institutional infrastructure 🏦🤝
Both companies expand their alliance to offer trading, custody, and prime brokerage crypto to institutions.
💡 Why it matters: Facilitates global banking capital to enter the crypto market safely and regulated.
3️⃣ Itaú recommends investing in Bitcoin 🇧🇷🟠
Brazil's largest private bank advises allocating 1%–3% of the portfolio to BTC.
💡 Why it matters: Reinforces Bitcoin as a long-term strategic asset, ideal for diversification due to its low correlation with traditional markets.