Dubai-based Fasset Secures Sandbox License to Launch Pakistan’s First Tokenized Gold Solution

Islamabad, April 29, 2025 — Fasset, a leading digital asset platform focused on fostering financial inclusion in high-growth markets, has officially introduced Pakistan’s first gold tokenization solution under a Regulatory Sandbox license approved by the Securities and Exchange Commission of Pakistan (SECP).

By leveraging blockchain technology, Fasset’s latest innovation enables secure, transparent, and fractionalized investments in physical gold, allowing anyone in Pakistan to own small fractions of gold—historically a symbol of stability and value. The solution aims to democratize access to wealth-building tools, especially during a time of mounting economic challenges in the country.

“With high inflation and a devaluing currency impacting Pakistan’s economy in 2025, gold has once again emerged as a preferred hedge against financial instability. However, traditional gold investment remains largely inaccessible due to high upfront costs and storage concerns,” said Raafi Hossain, CEO and Co-Founder of Fasset. “We’re proud to introduce a safe, transparent, and affordable way for individuals to invest in one of the world’s most trusted stores of value.”

Solving Key Challenges in Gold Investment

Fasset’s gold tokenization solution addresses critical barriers in Pakistan’s gold market:

  • Financial Inclusion: Allows micro-investments in gold, making ownership accessible across all income groups.

  • Wealth Protection: Offers a secure hedge against inflation and currency devaluation.

  • Transparency: Blockchain-powered records provide auditable trails, reducing fraud and promoting tax compliance.

  • Economic Growth: Enhances market efficiency, boosts liquidity, and supports broader financial inclusion.

The initiative is currently undergoing live testing within SECP’s Regulatory Sandbox framework to assess its scalability, security, and user experience. Upon successful testing, the platform will be expanded for broader use across the country.

Accessible Investment for All

Fasset’s platform allows users to register with secure KYC verification, deposit funds, and purchase gold tokens backed 1:1 by physical gold. Real-time tracking enables users to monitor and manage their investments. Once a certain threshold is reached, users also have the option to convert their digital tokens into physical gold, with custody and delivery facilitated by trusted local partners.

Investments can start from as low as PKR 100, making it one of the most accessible gold investment options in the country.

A Step Toward Democratizing Wealth

“Fasset’s mission is to break down the barriers to asset ownership and empower individuals to build and preserve wealth,” added Hossain. “This gold tokenization solution is not just a product—it’s a pathway to economic empowerment for millions of Pakistanis.”

The launch underscores Fasset’s commitment to using innovative financial technology to uplift underserved communities and contribute to the resilience and growth of emerging market economies.

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