Pakistan, UAE Discuss Tokenisation Of Real-World Assets

The Pakistan Virtual Assets Regulatory Authority (PVARA) met with a senior UAE delegation to advance Pakistan’s agenda on real-world asset tokenisation.

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The Pakistan Virtual Assets Regulatory Authority (PVARA) held a high-level meeting with a United Arab Emirates delegation at the Prime Minister’s Office to explore opportunities in real-world asset (RWA) tokenisation. The session was chaired by PVARA Chairman Bilal Bin Saqib MBE and attended by senior officials, alongside representatives from DAMAC Group and its DFSA-regulated fintech platform, PRYPCO.

Participants discussed tokenising real estate, public assets, and future debt instruments within a regulated framework. Saqib remarked that Pakistan views tokenisation “not merely as a financial innovation but as a national economic enabler,” noting its potential to attract foreign investment and enhance transparency.

The UAE delegation was led by Amira Sajwani, Co-Managing Director of DAMAC Group and CEO of PRYPCO, with other senior executives present. UAE Ambassador Salem Mohammad Alzaabi also attended, underscoring growing bilateral cooperation in digital finance.

PVARA briefed the delegation on Pakistan’s evolving regulatory framework, designed to encourage innovation while safeguarding investors. PRYPCO shared its experience in Dubai, where its inaugural tokenised property offering was fully funded in one day, attracting investors from over 40 countries and setting a benchmark for regulated digital investment.