Pakistan signs a memorandum of understanding with Binance to explore asset tokenization of up to $2 billion

Pakistan has signed a memorandum of understanding with Binance to explore the tokenization of sovereign bonds, treasury bills, and commodity reserves worth up to approximately $2 billion, aiming to enhance liquidity and attract international investment. Meanwhile, Pakistani regulators have granted preliminary licenses to Binance and HTX, allowing them to initiate local registration and prepare for applying for a full exchange license.