Binance, the world’s leading global blockchain ecosystem and cryptocurrency exchange by trading volume and users, and Fauji Foundation have signed a Letter of Intent (LOI) in Islamabad to explore potential commercial collaboration on blockchain, cryptocurrency, payments, and Web 3.0 ecosystem within Pakistan.
As part of the LOI, Binance will deploy its expertise, advisory support, and technological and market insights on the crypto industry, and Fauji Foundation will partner with Binance on payment infrastructure solutions utilizing digital assets.
Both sides will promote cryptocurrency and blockchain education through their academic divisions, reaching learners across Pakistan. The goal is to equip young people with the skills needed to work in the industry and to help them become responsible, well-informed users of blockchain, cryptocurrency, payments, and Web 3.0 products and services.
The LOI was signed at the Fauji Foundation Head Office, Rawalpindi on 12 December 2025, by the Secretary of Committee of Administration, Brigadier Irfan Khan (Retired), and Richard Teng, CEO of Binance, in the presence of Lieutenant General Anwar Ali Hyder (Retired), MD & CEO Fauji Foundation, Bilal Bin Saqib MBE, Chairman PVARA, and Changpeng Zhao, Adviser to the Pakistan Crypto Council.
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