World Liberty Financial (WLFI) is signaling a significant push into the global crypto landscape, marked by high-level discussions and strategic partnerships aimed at accelerating digital asset adoption.
The firm’s founders, Zach Witkoff, Zak Folkman, and Chase Herro, recently met with Binance co-founder Changpeng Zhao (CZ) in Abu Dhabi. This key meeting, confirmed via social media on April 27, focused on pathways for growing global adoption, establishing new industry benchmarks, and advancing crypto innovation.
While no immediate funding or token issuance resulted from the discussion, the meeting underscores WLFI’s strategy to penetrate new international markets. The specific outcomes remain under observation as the company pursues its expansion goals.
Further demonstrating its global ambitions, WLFI signed a Letter of Intent with the Pakistan Crypto Council around April 27. This agreement targets the promotion of blockchain technology, decentralized finance (DeFi), and stablecoin use within Pakistan. The WLFI team also engaged with senior Pakistani officials, including the Prime Minister and key ministers.
The collaboration aims to help Pakistan develop regulatory sandboxes and explore the tokenization of assets like real estate. Pakistan represents a rapidly growing crypto market, reportedly boasting over 25 million users and $300 billion in yearly transaction volume.
WLFI is also attracting institutional interest. On April 16, market maker DWF Labs announced a significant $25 million purchase of WLFI governance tokens. This investment is tied to DWF Labs’ U.S. expansion and includes support for WLFI’s DeFi offerings, notably its USD1 stablecoin backed by U.S. Treasuries and cash equivalents.
Public blockchain data indicates WLFI holds substantial digital assets, estimated at over $102 million. Key holdings include significant amounts of USD Coin (USDC), Wrapped Bitcoin (WBTC), Ethereum (ETH), and Tron (TRX).
Despite these aggressive moves and strategic alliances, the long-term impact of WLFI’s global campaign on worldwide cryptocurrency uptake and the broader DeFi sector is yet to be determined.