Trump-linked WLFI Partners with Pakistan Crypto Council for $103M Investment

World Liberty Financial, a company associated with former U.S. President Donald Trump, has entered into a series of agreements with the Pakistan Crypto Council (PCC) to foster investment and innovation in Pakistan's digital assets sector. The signing ceremony, attended by key figures including Pakistan’s Federal Minister for Information Ata Tarar, PCC CEO Bilal Bin Saeed, and WLFI co-chairman Zack Vetkoff, took place on Saturday, just a month after the PCC was established. The PCC was created to oversee and promote the development of crypto and blockchain technology within the country.

According to Ata Tarar, the establishment of the PCC marks a significant step in embracing emerging technologies. He emphasized that initiatives like the partnership with WLFI will help accelerate economic growth and technological advancement in Pakistan. Tarar highlighted that despite being a relatively new player in the crypto sector, Pakistan has made remarkable progress in a short span of time. With a population of 241.5 million, making it the world’s fifth-most populous country, Pakistan holds significant economic potential. Zack Vetkoff, co-chairman of WLFI, echoed this sentiment, stating that Pakistan is one of the fastest-emerging economies and that WLFI is excited to be part of its journey towards a vibrant financial future.

The Trump family holds a 60% stake in WLFI, and the project itself holds over $103 million worth of crypto assets. This partnership is expected to bring substantial investment and technological expertise to Pakistan, potentially transforming its digital assets industry. The collaboration aims to leverage Pakistan's growing tech-savvy population and its strategic position in the global economy to drive innovation and economic growth. The agreement underscores the increasing global interest in crypto and blockchain technology, as well as the potential for emerging markets to become major players in this rapidly evolving sector.