HomeDeFiBinance founder meets with Donald Trump’s World Liberty Financial team amid global...

Binance founder meets with Donald Trump’s World Liberty Financial team amid global push

Published on

spot_img

World Liberty Financial (WLFI), the crypto project backed by the Donald Trump family, is accelerating its international expansion plans amid meetings with industry expert Changpeng Zhao, the founder and former CEO of Binance.

On April 27, WLFI founders Zach Witkoff, Zak Folkman, and Chase Hero held a high-profile meeting with Zhao in Abu Dhabi.

According to details shared on X, the meeting focused on encouraging wider crypto adoption worldwide and exploring ways to raise industry standards.

The team suggested that future discussions with Zhao could follow, describing the meeting as “only the beginning” of a broader collaboration.

The conversation with Zhao marks another milestone in WLFI’s efforts to expand beyond the United States and align itself with key players in the global crypto landscape.

Following the meeting, Zhao commented that mainstream media might distort the event to spread negativity.

He said:

“I have a feeling the traditional media will try to make up some negative story about this.”

Zhao’s statement is unsurprising, considering he has had to debunk several stories suggesting he was discussing an investment deal with the family of US President Donald Trump in Binance.US, the American division of the global Binance crypto exchange.

Zhao stressed that the stories were untrue and meant to undermine the US president and the crypto industry.

WLFI Signs MoU With Pakistan Crypto Council

Meanwhile, shortly after the meeting in Abu Dhabi, WLFI signed a Memorandum of Understanding (MoU) with the Pakistan Crypto Council (PCC).

Under this agreement, WLFI aims to support financial inclusion efforts among Pakistan’s younger population and contribute to blockchain innovation in the region.

Witkoff stated 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, added that the partnership seeks to unlock 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.”

The post Binance founder meets with Donald Trump’s World Liberty Financial team amid global push appeared first on CryptoSlate.

Latest articles

Bitcoin DeFi protocol Liquidium’s rebrand and staking model propel LIQ token to new heights

Bitcoin-native DeFi protocol Liquidium has passed a major governance proposal introducing a new staking...

Judge targets central figures in LIBRA scandal with asset freeze; Milei’s financial ties under review

An Argentine federal judge has ordered the freezing of assets belonging to key figures...

DOJ to press on with criminal charges against Tornado Cash developer Roman Storm

The US Department of Justice does not intend to drop its federal criminal charges...

FTX creditors poised to receive $5B by May 30 in latest distribution round

FTX Recovery Trust will begin distributing over $5 billion to creditors on May 30...

More like this

Bitcoin DeFi protocol Liquidium’s rebrand and staking model propel LIQ token to new heights

Bitcoin-native DeFi protocol Liquidium has passed a major governance proposal introducing a new staking...

Judge targets central figures in LIBRA scandal with asset freeze; Milei’s financial ties under review

An Argentine federal judge has ordered the freezing of assets belonging to key figures...

DOJ to press on with criminal charges against Tornado Cash developer Roman Storm

The US Department of Justice does not intend to drop its federal criminal charges...