Pakistan explores use of digital assets, tokenisation for real estate and investment assets

Business Recorder reported that Pakistan is weighing how digital assets and tokenisation could be used, with possible applications in property and other investment holdings. The Finance Division made the point on Thursday after a meeting between Senator Muhammad Aurangzeb, Federal Minister for Finance and Revenue, and Dr Sohail Munir, Chairperson of the Pakistan Digital Authority (PDA). The pair reviewed digital transformation, digital finance and technology measures aimed at widening access to finance.

Aurangzeb stressed that existing frameworks must keep pace with digital technology and new business models, and the participants called for a framework that accepts electronic dealings. He also pushed for easier customer onboarding, stronger data sharing and better interoperability of financial data, along with closer links between banking and capital-market systems. Wider investor participation through digital platforms and simpler account opening was also on the agenda.

The meeting also covered stronger digital infrastructure for public and financial services, as well as better use of government data for policy and planning, including through AI tools. Aurangzeb praised the PDA's work and urged ongoing coordination with stakeholders to move digital projects forward. The report gave no timelines or monetary figures for these plans.