Trump family's World Free Finance (WLFI) reaches strategic blockchain cooperation with Pakistan
World Free Finance (WLFI), a DeFi project supported by the Trump family, recently reached an important cooperation with the Pakistan Cryptocurrency Commission. The strategic agreement signed by the two parties will promote the development of blockchain technology in this country with a young population.
According to the letter of intent for cooperation signed on April 26, this cooperation will focus on key areas such as regulatory sandbox construction, tokenization of physical assets and cross-border payments of stablecoins, providing a more complete financial infrastructure for Pakistan's 25 million cryptocurrency users and an annual transaction volume of US$300 billion.
There is a complex business network behind this cooperation. Bilal Bin Saqib, CEO of the Pakistan Cryptocurrency Commission, has also served as an advisor to WLFI, and previously Binance founder Zhao Changpeng (CZ) was also hired as a strategic advisor to the commission.
More notably, according to the Wall Street Journal, the Trump family is negotiating the acquisition of Binance.US shares through its business partner Steve Witkoff, showing its expansion ambitions in the crypto landscape.
Although CZ denied the relevant reports, WLFI's recent successful completion of a $550 million token sale and the launch of the stablecoin USD1 do indicate that the Trump camp's layout in the crypto field is accelerating.
For Pakistan, this cooperation means an important development opportunity. The country's Finance Minister Muhammad Aurangzeb said that through such cooperation, a new door has been opened for the country's investment, innovation and global leadership in the blockchain economy.
By introducing advanced DeFi protocols and asset tokenization technologies, Pakistan is expected to occupy a more important position in the global digital economy.
World Free Finance has gained access to emerging markets, and the cooperation between the two sides may reshape the financial technology landscape in South Asia.
In the future, how this cooperation will be implemented and what impact it will have on Pakistan and the global digital economy is worthy of our continued attention.
Finally, do you think the Trump family and Pakistan's emerging market blockchain marriage is promising? Is the path for developing countries to achieve financial inclusion through DeFi worth looking forward to?
#特朗普 #DeFi发展 #巴基斯坦 #加密货币布局