In a groundbreaking development for Pakistan’s financial technology landscape, global digital asset platform Fasset has launched the country’s first-ever gold tokenization solution, enabled by a Regulatory Sandbox license from the Securities and Exchange Commission of Pakistan (SECP). This move positions Pakistan at the frontier of digital asset innovation and opens up a new era of inclusive investment opportunities for its population.
Headquartered in the UAE and operating across several high-growth economies, Fasset’s mission is centered around financial inclusion and democratizing access to wealth-building tools. With this initiative, the company is leveraging the power of blockchain to allow fractional investments in physical gold, offering a secure, transparent, and easily accessible way for Pakistanis—regardless of income level—to hedge against economic volatility.
The tokenized gold solution allows users to invest in micro-units of gold, starting from just PKR 100, making it accessible to a much wider base of the population. This is particularly significant in Pakistan’s current economic context, where high inflation and currency depreciation have made traditional investment options more challenging. Gold has historically been considered a safe-haven asset in turbulent times, but the high cost and logistical complexities of owning physical gold have limited access for average investors. Fasset’s blockchain-backed model solves these problems by eliminating storage risks, reducing fraud, and providing full audibility of transactions.
Operating under the SECP’s Regulatory Sandbox, the platform will undergo a live testing phase during which its technology stack, user experience, scalability, and operational compliance will be evaluated in real-time. The objective is to ensure that the platform can safely scale and meet regulatory standards while delivering value to users. Once the pilot phase is completed successfully, a full-scale launch across the country is expected.
Users can register on the Fasset platform through KYC-compliant onboarding, deposit funds, and begin purchasing digital gold tokens that are backed 1:1 by physical gold held in secure vaults. In addition to real-time tracking of investments, users will also have the option to convert digital tokens into physical gold, once they meet a specified threshold, with delivery supported by verified local partners.
Speaking on the launch, Mohammad Raafi Hossain, CEO and Co-Founder of Fasset, highlighted the initiative’s broader mission: “At Fasset, our mission has always been to democratize access to wealth-building tools, especially in markets where traditional financial systems have left many behind. By launching Pakistan’s first gold tokenization solution, we’re giving people a safe, transparent, and affordable way to invest in one of the world’s most trusted stores of value. In a time of economic uncertainty, we’re proud to offer a solution that empowers individuals to protect and grow their wealth.”
This tokenized gold initiative is not only expected to give millions of Pakistanis easier access to safe investments but also marks a critical step toward mainstream adoption of digital financial assets in the country. Moreover, it supports financial formalization, encourages asset diversification, and bolsters confidence in regulated blockchain applications.
Fasset’s pioneering model is a timely and transformative response to Pakistan’s evolving financial needs, reinforcing the role of fintech in bridging economic divides and unlocking inclusive economic growth.
