WLFI founders met Binance co-founder Changpeng Zhao in Abu Dhabi to discuss plans for growing crypto adoption.
WLFI signed a Letter of Intent with Pakistan Crypto Council to help promote blockchain and stablecoin adoption.
DWF Labs invested 25 million dollars into WLFI governance tokens to support its DeFi products and US expansion.
World Liberty Financial (WLFI) founders recently met with Binance co-founder Changpeng Zhao in Abu Dhabi to discuss global crypto adoption.
https://twitter.com/Cointelegraph/status/1916704156234006932
Announced on April 27 through a post on X, WLFI confirmed that Zach Witkoff, Zak Folkman, and Chase Herro led the meeting. The discussions focused on ways to accelerate blockchain innovation and identify new strategies for penetrating global markets.
WLFI has yet to announce any immediate funding deals or token launches resulting from the meeting. However, the engagement marks a continuation of its broader efforts to drive cryptocurrency acceptance in emerging and developed markets.
WLFI Strengthens Ties in Pakistan
On the same day, Pakistani news outlet Profit reported that WLFI signed a Letter of Intent with the Pakistan Crypto Council (PCC). The agreement aims to promote blockchain technology, decentralized finance (DeFi), and stablecoin adoption across Pakistan.
The WLFI team conducted meetings with Pakistan's Prime Minister along with ministers from defense, finance and information sectors. The partnership seeks to help Pakistan create regulatory testing environments and supports development of real estate asset tokenization programs.
Pakistan remains one of the fastest-growing crypto markets, with more than 25 million active users. It records over $300 billion in annual crypto transactions, underlining its strategic importance for WLFI’s expansion.
DWF Labs Invests $25 Million in WLFI
WLFI’s activities are also gaining attention from institutional investors. On April 16, DWF Labs, a leading market maker and web3 investment firm, announced a $25 million purchase of WLFI governance tokens.
The investment aligns with DWF Labs' plan to strengthen its operations throughout the United States. WLFI's partnership includes backing its DeFi products with USD1 stablecoins that use U.S. Treasuries and cash equivalents as collateral.
The investment signals growing confidence among major institutions in WLFI’s future role within the DeFi landscape.
WLFI's Current Asset Holdings
According to Arkham data, WLFI presently holds over $102 million in cryptocurrency assets. These include 22.7 million in USD Coin (USDC), $15.1 million in Wrapped Bitcoin (WBTC), and $13.9 million in Ethereum (ETH).
Additionally, WLFI holds $9.93 million in Tron (TRX), along with other smaller asset holdings. Despite these developments, the long-term impact of WLFI’s global push on crypto adoption and the broader DeFi sector remains to be seen.
