World Liberty Financial Pakistan Crypto Partnership Primarily controlled by the Trump family, World Liberty Financial (WLF), a bitcoin company, has signed a historic contract with the Pakistan Crypto Council. With this alliance, stablecoins, distributed finance (DeFi), and blockchain technologies are expected to be adopted in Pakistan. The historic agreement was held under the World Liberty Financial platform, a family-owned entity associated with the Trump family.
Making waves on Sunday with the announcement of this significant partnership in Islamabad, World Liberty Financial, marking its first visit to Pakistan, created a stir. Led by the Trump family, the corporation owns 60% of the distributed financial platform. Signing the letter of intent with the Pakistan Crypto Council indicates a growing openness on Pakistan’s part to utilise blockchain technology, thereby transforming the nation’s financial landscape. Essential Figures in the Agreement
The U.S. delegation, comprising Zachary Folkman, Chase Herro, and Zachary Witkoff, met with Army Chief General Asim Munir and Prime Minister Shehbaz Sharif, among other Pakistani leaders. Dawn claims that the agreement’s goal is to investigate Pakistan’s broad use of blockchain, stablecoins, and DeFi, thereby establishing the nation as a pioneer in digital banking in South Asia.
Finance Minister Muhammad Aurangzeb, Chairman of the Securities and Exchange Commission Bilal Bin Saqib, and Governor of the State Bank of Pakistan signed during the occasion. This milestone supports Pakistan’s goal of rival regional leaders, such as the UAE, becoming a centre for the acceptance of cryptocurrencies, thereby strengthening its desire.
The Trump Family in the World Crypto Scene
Along with his sons Eric and Donald Trump Jr., Donald Trump has progressively aligned his commercial activities with the Web3 and decentralised finance developing world. Although his financial behaviour, especially regarding World Liberty, is under scrutiny, Trump’s involvement with cryptocurrencies has garnered notable attention. Critics—including The New York Times—have expressed concerns about conflicts of interest, as his political power could overlap with that of his family.
Founded in 2024 as a business with initial investments between $10 and $30 million in smaller cryptocurrency companies in exchange for token ownership, World Liberty Financial itself was the corporation that retained most of the money, as it acquired an increasing number of tokens as it expanded. DT Marks DEFI LLC, the parent company of World Liberty, controls 60% of WLF Holdco LLC, therefore guiding World Liberty’s activities.
Global Reach of World Liberty Financial
With prominent support from Binance founder Changpeng Zhao, World Liberty is aggressively creating relationships in the crypto space. Leveraging the growing acceptance of cryptocurrencies in South Asia, the company aims to establish Pakistan as a leader in the crypto space. With over 25 million users and $300 billion in yearly crypto transactions, Pakistan ranks ninth internationally in Chainalysis’ assessment of bitcoin use.
Speaking to Bloomberg, CEO Bilal Bin Saqib revealed that World Liberty Financial Pakistan Crypto Partnership intends to enact more liberal crypto rules, therefore differentiating the nation from India, where high taxes have resulted in lower exchange volumes. Emphasising a different method of crypto control in Pakistan, Bin Saqib added, “We’ve seen this mistake before.”
World Liberty Raises \$300M in Funding
With 20 billion WLFI tokens sold for $0.015 each in October 2024, World Liberty’s financial support amounts to $300 million. Supported by U.S. Treasuries and other assets, the company intends to release a stablecoin named $1. Furthermore, helping the company achieve its growth goals in Pakistan and abroad is a $25 million investment from market maker DWF Labs, based in Dubai.
Among the company’s prominent investors are Tron’s creator, Justin Sun, who committed $75 million, and Ethena’s founder, Arthur Hayes, who was pardoned following six months of house arrest. Among World Liberty’s supporters are also Peter Thiel, a well-known Trump supporter and major player in Elon Musk’s network.
Pakistan’s Crypto Future and the Trump Family’s Impact
Apart from their commercial endeavours, Trump family members, such as Eric Trump, have become strong advocates for cryptocurrency. For example, Eric Trump lately expressed his excitement about Ethereum on X about the possibilities of the cryptocurrency sector.
Given Donald Trump’s plan to establish a U.S. digital Reserve supported by Bitcoin and Ethereum, World Liberty’s influence in Pakistan’s digital future raises issues regarding the junction of business and politics. This coincided with the U.S. Senate’s proposal to legalise stablecoins, raising questions about the impact of Trump’s political policies on his commercial activities.
