Govt mulls tokenisation of real estate, other assets

The Express Tribune reported that Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met Pakistan Digital Authority (PDA) Chairperson Dr Sohail Munir to discuss digital finance and ways to widen financial access through technology. According to a Ministry of Finance statement issued on Thursday, the talks also covered digital assets and tokenisation, including possible uses in real estate and other investment assets. The minister argued that any such move would need a suitable rulebook and support systems before responsible uptake.

Other items on the agenda included simpler customer onboarding and stronger data sharing between banks and capital markets. Participants also looked at streamlined account opening and digital platforms to bring more investors into the capital market. Linking government datasets more effectively was raised as a way to inform policy design and planning, possibly with AI tools.

The Express Tribune added that the minister urged a focus on practical, high-impact initiatives that can raise efficiency across the economy. He also stressed sustained coordination with relevant stakeholders to move digital projects forward.