Fuze Finance and Pakistan’s HBL Asset Management Limited to explore Tokenised Investment Products for Global Investors

United Arab Emirates – Regulated digital assets infrastructure provider, Fuze Finance, and HBL Asset Management Limited, a wholly owned subsidiary of Pakistan’s largest commercial bank, HBL, have announced they will jointly explore the tokenisation and offshore distribution of investment products for Pakistani diaspora investors across the world. It follows the signing of a Memorandum of Understanding (MoU) between the companies.

The agreement will particularly look at ways in which the Pakistani diaspora – of which there are an estimated 13 million across the world – could access selected investment products such as mutual funds, REITs (real estate investment trusts) and other eligible yield-generating investment assets, through tokenisation.

HBL Asset Management Limited will identify and structure suitable products for potential tokenisation. Fuze will enable the regulated digital asset infrastructure and distribution layer required to make those products available through compliant channels.

The opportunity is growing rapidly. PwC expects global tokenised fund assets under management to grow at a compound annual rate of 41% to reach US$715 billion by 2030, as asset managers increasingly explore how tokenisation can improve the distribution and operation of investment products.

The companies will initially develop a proof of concept to test the technical, operational and regulatory requirements of the model. This will include investor eligibility, KYC and AML controls, custody arrangements, settlement, and the issuance, holding, transfer and redemption of tokenised assets. Potential subscription and settlement flows could include fiat currencies and selected stablecoins, subject to applicable regulatory requirements.

This is one of the ways in which Fuze Finance is building the regulated infrastructure connecting digital assets to the global financial system.

Mohammed Ali Yusuf (Mo Ali Yusuf), CEO and Co-Founder of Fuze Finance, said: “Tokenisation provides investors with better access to regulated financial products while maintaining institutional standards. This collaboration with HBL Asset Management Limited allows us to expand access to high-quality investment products through digital asset rails, with compliance, investor protection, and regulatory requirements built in from the outset.”

Mr. Mir Adil Rashid - CEO HBL Asset Management Limited, added: “Tokenisation can create new channels for asset managers to reach eligible investors, potentially beyond their domestic markets. We believe there is a sizable opportunity to connect investor audiences across corridors, with the potential for established investment products to be offered through tokenisation in an accessible, secure and compliant way. We look forward to this collaboration with Fuze, a business which provides the robust regulated digital asset infrastructure required to meet our own high institutional standards.”

The agreement is at the exploratory stage only. Any future product launch would be subject to legal assessment, regulatory approvals and definitive agreements between the parties.

Disclaimer: The information contained in this press release is for general informational purposes only. Fuze Finance and its subsidiaries, including Morpheus Software Technology FZE, are licensed by the Virtual Assets Regulatory Authority (VARA) in the United Arab Emirates as a broker-dealer in virtual assets. This press release does not constitute an offer or solicitation to buy, sell, or deal in virtual assets or to provide financial services or investment advice, or any regulated activity in any jurisdiction. Virtual assets are subject to significant risks, including price volatility, regulatory uncertainty, and potential loss of value. Nothing in this press release should be construed as a guarantee of any particular outcome, return, or regulatory status. Fuze does not guarantee the accuracy, completeness, or reliability of the information provided. Readers are strongly encouraged to seek independent legal, financial and tax advice from a qualified professional advisor before making any financial or investment decisions.