Pakistan is exploring ways to allow property, government assets, and future debt instruments to be tokenized. Tokenization converts physical or financial assets into digital tokens that can be sold or traded.
A meeting was held at the Prime Minister’s Office with a senior delegation from the UAE. It included DAMAC Group and PRYPCO, a Dubai-based real estate fintech platform licensed by the Dubai Financial Services Authority (DFSA). The session was led by Bilal Bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA).
Authorities said tokenization can help use idle assets, attract investment from overseas Pakistanis and foreign investors, and increase transparency in financial dealings without extra government spending.
The UAE delegation was led by Amira Hussain Sajwani, co-managing director of DAMAC Group and CEO of PRYPCO. The UAE Ambassador to Pakistan, Salem Mohammad Alzaabi, also attended.
PVARA Outlines Tokenization Plan for Pakistan
PVARA briefed the delegation on Pakistan’s virtual asset rules. These rules aim to support innovation while protecting investors and keeping markets transparent.
Officials said real estate will be the first area for tokenization. Later, public assets and future debt instruments may also be included under regulation to build investor confidence.
Chairman Bilal Bin Saqib said tokenization is more than a financial tool. It is a national strategy to strengthen Pakistan’s economy and attract long-term investment.
UAE Investors Show Interest
UAE Delegation Shares Tokenization Experience
PRYPCO has done several tokenized property projects in Dubai. Its first project was fully funded in one day and received investment from more than 40 countries.
According to officials, this experience shows how tokenization can mobilize global investment quickly under a regulated framework.
DAMAC and PRYPCO Bring Global Expertise
DAMAC Group is a major real estate and investment company based in the UAE. It has projects in more than 15 countries and is one of the largest developers in the region.
PRYPCO allows people to own part of income-earning properties. Investors can take part in these projects using digital records that are clear and safe. Officials said this system can help Pakistan convert illiquid assets into investable and regulated opportunities.
