World Liberty Financial (WLFI) has announced an important meeting of its founders with a representative of Binance in Abu Dhabi, as well as a significant agreement with Pakistan.
Meeting with Binance Co-Founder
WLFI founders Zach Witkoff, Zak Folkman, and Chase Herro met with Binance co-founder Changpeng Zhao in Abu Dhabi. The purpose of the meeting was to discuss strategies for boosting cryptocurrency adoption and setting new industry standards. While no immediate announcements regarding funding or token releases followed, the discussion supports WLFI’s broader plan to enter new global markets.
Agreement with the Pakistan Crypto Council
On April 27, the same day as the Abu Dhabi meeting, WLFI signed a Letter of Intent with the Pakistan Crypto Council. According to Pakistani media outlet Profit, the agreement outlines initiatives to promote blockchain technology, decentralized finance, and stablecoin adoption in Pakistan’s growing market. WLFI founders also engaged with key Pakistani leaders, including the Prime Minister and senior ministers in finance, defense, and information.
DWF Labs' Investment in WLFI
Earlier in April, DWF Labs, a leading market maker and web3 investment firm, revealed a $25 million purchase of WLFI governance tokens. This move supports DWF Labs’ United States expansion and provides strategic backing for WLFI’s decentralized finance products. Among these products is the USD1 stablecoin, backed by U.S. Treasuries and cash equivalents, designed to bring more stability to the crypto sector.
World Liberty Financial's strategies for expanding into global markets and collaborating with key partners, such as DWF Labs and the Pakistan Crypto Council, highlight their active participation in developing crypto infrastructure and decentralized finance.
