Pakistan signed a Memorandum of Understanding (MoU) with Binance to explore the tokenization of up to US $2 billion in government assets such as sovereign bonds, treasury bills and commodity reserves.

The initiative uses blockchain technology to create digital versions of traditional government assets with the goals of boosting liquidity, transparency and access for domestic and international investors.

The MoU establishes a framework for discussions and evaluation, but does not by itself implement tokenization—detailed steps will follow after feasibility studies.