Pakistan's Digital Finance Landscape Shifts Towards Tokenisation

Pakistan's digital finance landscape is witnessing significant growth, with the country ranking third in Chainalysis' 2025 Global Crypto Adoption Index. The Pakistan Crypto Council estimates that around 20 million people in the country use cryptocurrencies.

The rise of digital assets has led to increased access to financial services, with over nine out of ten retail payments made through digital channels. Pakistani consumers are already accustomed to using apps and wallets for transactions.

However, experts warn that fragmentation remains a significant issue, with multiple systems still required for tasks such as receiving income, sending money abroad, or preserving purchasing power.

The cost of this fragmentation is evident in remittances, with Pakistani workers sending home a record $41.6 billion in FY2026. Every extra layer between sender and recipient adds to the expense.

To address these issues, tokenisation has emerged as a potential solution, enabling conventional assets like equities and commodities to be accessed through digital rails.