Fauji Foundation, one of Pakistan’s largest and most diversified business groups has taken a major step toward the digital economy by signing a Letter of Intent with Binance, the world’s leading cryptocurrency and blockchain exchange.
The agreement signals growing interest from large local institutions in blockchain technology, digital payments, and the Web 3.0 ecosystem.
The signing took place at Fauji Foundation’s headquarters in Rawalpindi and was announced by the Pakistan Crypto Council.
Under the proposed collaboration both sides will explore commercial opportunities in blockchain-based solutions, cryptocurrency services, and modern payment systems within Pakistan.
As part of the understanding, Binance will provide technical expertise, industry knowledge and advisory support related to digital assets and global crypto markets.
Fauji Foundation is expected to work with Binance on developing payment infrastructure that uses digital assets, aiming to improve efficiency and innovation in financial transactions.
A key focus of the collaboration is education and skills development. Through their academic and training platforms, both organizations plan to promote awareness and learning in blockchain, cryptocurrency and Web 3.0 technologies.
The goal is to equip Pakistani youth with practical skills and knowledge so they can safely participate in the digital economy and pursue careers in emerging technology fields.
Senior representatives from Fauji Foundation, Binance, the Pakistan Crypto Council, and the Pakistan Virtual Assets Regulatory Authority were present at the signing ceremony, highlighting strong institutional support for the initiative.
Fauji Foundation has evolved from a small welfare-focused organization into a major business and healthcare group, operating hospitals, educational institutions and commercial ventures across Pakistan. Most of its investments are listed on the Pakistan Stock Exchange.
This development follows a recent agreement between Pakistan’s finance ministry and Binance to explore blockchain-based solutions for capital markets and government-owned assets, reflecting a broader national push toward financial innovation.