Fasset Launches Pakistan’s First Tokenized Gold Investment Platform Under SECP Sandbox

Islamabad, April 29, 2025 — In a landmark development for Pakistan’s digital finance landscape, Dubai-based digital asset platform Fasset has launched the country’s first tokenized gold investment solution. The initiative is operating under a Regulatory Sandbox license approved by the Securities and Exchange Commission of Pakistan (SECP), allowing live testing of this innovative product within a secure and compliant environment. This move not only underscores the rising adoption of blockchain technology in Pakistan but also positions the country to become a regional leader in tokenized real-world assets.

Fasset’s gold tokenization platform enables individuals to invest in physical gold in fractional amounts using blockchain technology. By digitizing gold ownership, Fasset offers secure, transparent, and low-barrier access to one of the world’s most trusted stores of value. With Pakistan currently facing high inflation and currency depreciation, gold is once again emerging as a preferred hedge against economic volatility. However, traditional gold investment has been largely out of reach for the average citizen due to high costs, storage concerns, and accessibility issues. Fasset’s solution aims to eliminate those barriers by allowing investments starting from as low as PKR 100.

The platform operates through a user-friendly interface where individuals can register using KYC verification, deposit funds, and purchase digital tokens fully backed by physical gold. Users can track the value of their investments in real time. Once a certain threshold is reached, investors have the option to redeem their tokens for actual gold, delivered through Fasset’s certified local custodians and logistics partners. This hybrid approach of digital convenience and physical security is designed to make gold investment accessible, transparent, and scalable.

Fasset’s gold tokenization project addresses multiple structural challenges within Pakistan’s financial system. It promotes financial inclusion by opening investment opportunities to low-income segments, offering a means to protect wealth in turbulent economic times. It also enhances transparency in transactions by leveraging blockchain’s immutable ledger, thereby reducing fraud, encouraging tax compliance, and building trust in the system. Moreover, by improving liquidity and lowering entry barriers, the platform is poised to increase participation in Pakistan’s regulated financial ecosystem.

According to Fasset’s CEO and Co-Founder, Raafi Hossain, the goal of this initiative is not just to create a new financial product, but to fundamentally change how Pakistanis think about wealth-building. “We’re proud to introduce a safe, transparent, and affordable way for individuals to invest in gold. This isn’t just a digital asset—it’s a tool for financial empowerment,” Hossain said. He emphasized that tokenized gold is a foundational step toward broader digital asset adoption in Pakistan and a significant milestone in Fasset’s mission to democratize access to wealth.

The initiative also complements SECP’s growing interest in fostering innovation through regulatory flexibility. As part of the sandbox testing, Fasset’s platform will be evaluated for scalability, security, and user experience. A successful trial could pave the way for a full-scale national rollout and possibly the introduction of other tokenized real-world assets such as real estate and commodities.

By leveraging cutting-edge financial technology to address real economic challenges, Fasset is helping to build a more inclusive, transparent, and resilient financial future for Pakistan. The tokenized gold platform could mark the beginning of a new era of investment where security and accessibility go hand in hand, allowing millions to participate in wealth creation like never before.

Hot this week

LemFi and BVNK Transform Cross-Border Remittances with Stablecoin Infrastructure

Cross-border platform LemFi partners with BVNK to leverage regulated stablecoins for faster, cheaper international money transfers across global corridors.

SadaPay Launches GameZone to Enable Instant In App Purchases for Global Gaming Gift Cards

SadaPay introduces SadaPay GameZone, allowing users in Pakistan to buy official gaming gift cards and receive codes instantly directly within the mobile app.

SLGTrax Partners with Bank Alfalah to Enable RAAST QR Payments Across Outlets and Doorstep Deliveries

SLGTrax partners with Bank Alfalah to introduce RAAST QR payment solutions across physical outlets and doorstep deliveries for seamless digital transactions.

JazzCash Partners with Insignia and Swich Now to Enable Buy Now Pay Later at Online Checkout

JazzCash integrates its Buy Now Pay Later solution into the Insignia online shopping experience via Swich Now payment gateway to offer flexible digital payments.

Jubilee General Insurance and SCCI Partner to Provide Affordable Insurance Solutions for SMEs

Jubilee General Insurance signs an MoU with the Sarhad Chamber of Commerce and Industry to launch Dukan Hifazat and bridge the protection gap for SMEs.

Topics

LemFi and BVNK Transform Cross-Border Remittances with Stablecoin Infrastructure

Cross-border platform LemFi partners with BVNK to leverage regulated stablecoins for faster, cheaper international money transfers across global corridors.

SadaPay Launches GameZone to Enable Instant In App Purchases for Global Gaming Gift Cards

SadaPay introduces SadaPay GameZone, allowing users in Pakistan to buy official gaming gift cards and receive codes instantly directly within the mobile app.

SLGTrax Partners with Bank Alfalah to Enable RAAST QR Payments Across Outlets and Doorstep Deliveries

SLGTrax partners with Bank Alfalah to introduce RAAST QR payment solutions across physical outlets and doorstep deliveries for seamless digital transactions.

JazzCash Partners with Insignia and Swich Now to Enable Buy Now Pay Later at Online Checkout

JazzCash integrates its Buy Now Pay Later solution into the Insignia online shopping experience via Swich Now payment gateway to offer flexible digital payments.

Jubilee General Insurance and SCCI Partner to Provide Affordable Insurance Solutions for SMEs

Jubilee General Insurance signs an MoU with the Sarhad Chamber of Commerce and Industry to launch Dukan Hifazat and bridge the protection gap for SMEs.

Qist Bazaar Appoints Azeem Pirani as Independent Director to Drive Strategic Growth and Corporate Governance

Qist Bazaar appoints Azeem Pirani, COO of EFU Life, as Independent Director to strengthen corporate governance and scale Shariah-compliant digital financing in Pakistan.

JazzCash Named First Pakistani Fintech on CNBC Statista 2026 List

JazzCash has become the first Pakistani company to feature on CNBC and Statista's World's Top Fintech Companies 2026 list, recognised in the Payments category.

Bank AL Habib and 1LINK Partner to Drive PayPak Adoption and Digital Banking Growth

Bank AL Habib executives meet with 1LINK leadership at 1HQ to discuss expanding PayPak card issuance, payment infrastructure, and digital ecosystem growth.
spot_img

Related Articles

Popular Categories