World Liberty Financial (WLFI) founders Zach Witkoff, Zak Folkman, and Chase Herro held a high-profile meeting with Changpeng Zhao (CZ), co-founder and CEO of Binance, in Abu Dhabi. The discussion focused on strategies to accelerate global cryptocurrency adoption and set new industry standards for decentralized finance (DeFi) innovation.
The meeting announced via a post on X is part of WLFI’s broader plan to expand its presence into new international markets. While no immediate funding announcements or new token launches were revealed, the engagement signals WLFI’s commitment to deepening its footprint in the global crypto ecosystem.
On the same day, Pakistani media outlet Profit reported that WLFI had signed a Letter of Intent with the Pakistan Crypto Council (PCC) to advance blockchain technology and cryptocurrency adoption in Pakistan, which has over 25 million active crypto users and an annual transaction volume of around $300 billion. The partnership will focus on creating regulatory sandboxes, exploring asset tokenization (including in real estate), and improving the country’s crypto infrastructure. WLFI’s delegation also met with senior government officials, including the Prime Minister, highlighting the government’s commitment to developing a strong crypto ecosystem.
WLFI has gained significant institutional interest, highlighted by DWF Labs’ $25 million investment in WLFI governance tokens, aimed at supporting its U.S. expansion and DeFi products, including a USD1 stablecoin backed by U.S. Treasuries. Currently, WLFI manages over $102 million in cryptocurrency assets, including 22.7 million USDC, $15.1 million WBTC, 13.9 million ETH, and 9.93 million TRX.
Notably, Malaysia has appointed Changpeng Zhao (CZ), the former CEO of Binance, to spearhead a significant overhaul of its blockchain finance sector. This initiative aims to integrate blockchain technology to improve financial systems and encourage innovation within the country. Zhao’s responsibilities include developing digital asset regulations, promoting blockchain adoption across industries, and attracting foreign investment.
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