World Liberty Financial (WLF), a decentralized finance (DeFi) platform reportedly backed by former U.S. President Donald Trump, has entered into a landmark partnership with the Pakistan Crypto Council (PCC) to accelerate blockchain adoption, stablecoin use, and DeFi integration across Pakistan. This strategic move was solidified through the signing of a Letter of Intent (LOI), positioning Pakistan as a key player in the global digital finance revolution.
The WLF delegation included notable figures such as Mr. Zachary Folkman, Mr. Zachary Witkoff—son of U.S. Special Envoy to the Middle East Mr. Steve Witkoff—and Mr. Chase Herro. The delegation held high-level meetings with Pakistan’s top leadership, including the Prime Minister, Chief of Army Staff, Deputy Prime Minister, Minister of Information, and Minister of Defence. These discussions underscored Pakistan’s proactive stance in embracing cutting-edge financial technologies and reflected its commitment to becoming a global hub for digital finance.
Pakistan’s government has hinted at imminent announcements regarding the legalization of cryptocurrencies, signaling a significant policy shift that would further bolster its position among the world’s fastest-growing crypto economies. With this evolving regulatory clarity, Pakistan appears poised to welcome deeper global partnerships in the blockchain and DeFi sectors.
The Letter of Intent was signed in the presence of key stakeholders, including the Finance Minister of Pakistan, the CEO of the Pakistan Crypto Council, the Governor of the State Bank of Pakistan, the Chairman of the Securities and Exchange Commission of Pakistan (SECP), and the Federal Secretary for Information Technology. This high-level participation highlights the seriousness of both parties in advancing Pakistan’s digital financial landscape.
The scope of the agreement includes launching regulatory sandboxes to test blockchain-based financial products, responsibly scaling DeFi protocols, exploring the tokenization of real-world assets such as real estate and commodities, and expanding the role of stablecoins in cross-border remittances and trade. Additionally, WLF will provide strategic advisory on global regulatory trends and blockchain infrastructure development, creating a knowledge-sharing bridge between Pakistan and leading digital economies.
With over 64 percent of its population under the age of 30, Pakistan is one of the world’s most promising digital markets. The country already ranks high in global crypto adoption, with estimates indicating approximately $300 billion in annual crypto transactions and over 25 million active users. Combined with high mobile penetration and a thriving freelance workforce, Pakistan is fertile ground for Web3 innovation.
During the signing ceremony, Finance Minister Muhammad Aurangzeb emphasized the significance of the partnership, stating, “Pakistan’s youth and technology sector are our greatest assets. Through partnerships like this, we are opening new doors for investment, innovation, and global leadership in the blockchain economy.”
Mr. Bilal Bin Saqib, CEO of the Pakistan Crypto Council, also hailed the collaboration, calling it a strategic move to empower the younger generation and integrate Pakistan into the future of global finance. “Our collaboration with World Liberty Financial is more than just a partnership—it’s a vision for inclusive growth through decentralized technology,” he said.
WLF’s leadership echoed this sentiment, describing Pakistan as one of the most dynamic and promising places to build the future of decentralized finance. “Pakistan’s energy, vision, and talent make it one of the most exciting environments globally to develop and expand DeFi solutions,” a spokesperson for WLF stated.
This partnership between WLF and PCC marks a significant milestone in Pakistan’s fintech evolution, showcasing its ambition to not only keep pace with global trends but to lead the digital transformation narrative in the developing world.