World Liberty Financial Meets Binance Founder for Global Crypto Push

World Liberty Financial (WLFI), a crypto project backed by the Donald Trump family, is rapidly advancing its global expansion plans. This push includes a significant meeting with Changpeng Zhao, the founder and former CEO of Binance. On April 27, WLFI founders Zach Witkoff, Zak Folkman, and Chase Hero convened with Zhao in Abu Dhabi. The discussion centered on promoting broader crypto adoption and enhancing industry standards worldwide.

The meeting was described as just the beginning of a potential broader collaboration. WLFI's efforts to expand beyond the United States and align with key global crypto players are evident in this strategic move. Following the meeting, Zhao expressed concern that traditional media might distort the event to spread negativity. He stated, “I have a feeling the traditional media will try to make up some negative story about this.” Zhao's caution is not unfounded, as he has previously had to address false narratives suggesting he was discussing an investment deal with the Trump family in Binance.US, the American division of the global Binance crypto exchange. Zhao clarified that these stories were untrue and aimed to undermine both the US president and the crypto industry.

In another significant development, WLFI signed a Memorandum of Understanding (MoU) with the Pakistan Crypto Council (PCC) shortly after the Abu Dhabi meeting. This agreement aims to support financial inclusion efforts among Pakistan’s younger population and contribute to blockchain innovation in the region. Witkoff emphasized that the partnership reflects WLFI’s commitment to fostering diverse economic opportunities. Bilal Bin Saqib, CEO of PCC and now a strategic advisor to WLFI, highlighted the goal of unlocking significant opportunities in emerging markets. He stated, “Our goal is to work alongside industry leaders and showcase Pakistan as a global case study in how emerging markets can harness blockchain to create transformative opportunities.”