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What is tokenization, the Pakistan govt's latest project?

The government has signed an agreement with Binance, under which the company will advise on the tokenization of up to $2 billion worth of assets

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Urooj Imran

Senior Producer

Urooj has over five years of experience reporting and editing for some of Pakistan's leading publications. She is passionate about simplifying business news; her favorite pieces to work on are explainers.

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Pakistan’s bonds and treasury bills may soon enter the world of blockchain and digital assets.

The Pakistan government has signed an agreement with Binance, under which the company will advise on the tokenization of up to $2 billion worth of assets, including government bonds, treasury bills, and oil and gas reserves.

But what exactly is tokenization? Watch this video to find out in under two minutes.

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