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Cryptocurrency News Articles
World Liberty Financial (WLFI) Expands Its Global Presence Through Strategic Partnerships and High-Level Meetings
Apr 28, 2025 at 05:00 pm
World Liberty Financial (WLFI), backed by former U.S. President Donald Trump, is rapidly expanding its global presence through strategic partnerships
World Liberty Financial (WLFI), a crypto lending and borrowing platform backed by former U.S. President Donald Trump, is rapidly expanding its global presence through strategic partnerships and high-level meetings.
As of April 27, the company has signed a Letter of Intent with the Pakistan Crypto Council to boost cryptocurrency adoption in the South Asian nation. The agreement was signed by WLFI founders Zach Witkoff, Zak Folkman, and Chase Herro during a meeting with the Council’s CEO Bilal bin Saqib.
Today marks a major step forward for Pakistan’s digital economy.
The Pakistan Crypto Council, led by CEO @Bilalbinsaqib, has signed a Letter of Intent (LOI) with @worldlibertyfi, a decentralized finance (DeFi) platform backed by @realDonaldTrump, to accelerate blockchain… pic.twitter.com/zVFKnMsHzu— Pakistan Crypto Council (@cryptocouncilpk) April 27, 2025
The partnership aims to help Pakistan establish regulatory sandboxes for testing blockchain products. These controlled environments will allow for innovation while managing potential risks to the broader financial system.
Moreover, WLFI will assist Pakistan in expanding stablecoin applications for remittances and trade. This could potentially reduce costs and increase efficiency for the country’s large remittance market.
Growing Presence in Pakistan
Pakistan represents a strategic market for WLFI. Blockchain analytics firm Chainalysis ranked the country ninth globally for crypto adoption last year. The nation has approximately 25 million active crypto users with $300 billion in annual crypto transactions.
Pakistan’s demographic profile makes it particularly attractive for crypto adoption. About 60% of its population is under 30 years old, creating a tech-savvy user base ready to embrace digital currencies.
“Pakistan’s youth and technology sector are our greatest assets. Through partnerships like this, we are opening new doors for investment, innovation, and global leadership in the blockchain economy,” said Finance Minister Muhammad Aurangzeb.
The Pakistan Crypto Council, which signed the agreement with WLFI, is a government-backed organization. It oversees crypto regulation and initiatives aimed at increasing adoption and attracting foreign investment.
Industry Connections
The company’s expansion strategy extends beyond Pakistan. WLFI’s founders recently met with Changpeng Zhao (CZ), former CEO of Binance, in Abu Dhabi. According to an April 27 post on X, they discussed ways to grow global crypto adoption and next steps for innovation in the industry.
CZ was recently appointed as an adviser to the Pakistan Crypto Council. His role involves assisting the country with crypto regulation and innovation efforts, creating a potential synergy with WLFI’s Pakistan initiatives.
CZ met with the founders of World Liberty Financial to discuss growing global crypto adoption, setting new standards and pushing crypto to the next level.
This is just the beginning. 😉
Read more: https://t.co/I7r5w4JWQq pic.twitter.com/p1b1xM8q7z— Binance Chain (@binancechain) April 27, 2025
The company is also attracting institutional interest. On April 16, DWF Labs, a market maker and web3 investment firm, purchased $25 million worth of WLFI governance tokens as part of its U.S. expansion strategy.
The partnership with DWF Labs includes plans to support WLFI’s DeFi products. This includes the USD1 stablecoin, which is backed by U.S. Treasuries and cash equivalents.
According to Arkham data, WLFI currently holds over $102 million in cryptocurrency assets. These include 22.7 million USD Coin, $15.1 million in Wrapped Bitcoin, 13.9 million in Ethereum, and 9.93 million in Tron, among others.
Regulatory Balance
While embracing crypto innovation, Pakistan is also focused on responsible regulation. The country’s Federal Investigation Agency proposed a crypto regulatory framework on April 10. The proposal addresses terrorism financing, money laundering, and Know Your Customer controls.
FIA Director Sumera Azam indicated the framework aims to balance technological advancement with national security considerations. The proposed regulations will require legislative approval and input from crypto firms operating in Pakistan, with implementation expected to begin in 2026.
This new approach marks a major shift in Pakistan’s stance on cryptocurrencies. In May 2023, former finance minister Aisha Ghaus Pasha had stated the country would never legalize cryptocurrencies due to concerns over bypassing Financial Action Task Force regulations.
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