World liberty financial and binance’s CZ discuss global expansion of cryptocurrency market

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A meeting was held by the founders of World Liberty Financial with Binance co-founder Changpeng Zhao to explore strategies for increasing crypto adoption and establishing new industry standards.

On April 27, WLFI founders Zach Witkoff, Zak Folkman, and Chase Herro announced through a post on X that they met with CZ in Abu Dhabi to discuss strategies for expanding global adoption and the next steps for crypto innovation.

WLFI views the meeting as part of its ongoing strategy to enter new markets. Since they haven’t announced any direct funding or new token issuances, the immediate outcomes of the meeting remain unclear.

In another related development, Pakistani news outlet Profit reported on April 27 that WLFI signed a Letter of Intent with the Pakistan Crypto Council to promote blockchain, decentralized finance, and stablecoin adoption in Pakistan. The WLFI team also met with senior Pakistani leaders, including the Prime Minister and the ministers of finance, defense, and information.

The agreement with the PCC aims to help Pakistan establish regulatory sandboxes, explore asset tokenization such as real estate, and strengthen its crypto infrastructure. Pakistan already ranks among the world’s fastest-growing crypto markets, with over 25 million active users and $300 billion in annual transactions.

WLFI is also gaining attention from institutional players. On April 16, DWF Labs — a leading market maker and web3 investment firm — announced that it had purchased $25 million worth of WLFI governance tokens as part of its U.S. expansion strategy. The partnership also includes plans to support WLFI’s DeFi products, including the USD1 stablecoin backed by U.S. Treasuries and cash equivalents.

According to Arkham data, WLFI currently holds just over $102 million in cryptocurrency assets. These assets include 22.7 million USD Coin (USDC), $15.1 million in Wrapped Bitcoin (WBTC), 13.9 million in Ethereum (ETH), and 9.93 million in Tron (TRX), among others.

Although WLFI has aggressively accelerated its global campaign, the long-term impact on global cryptocurrency adoption and the DeFi sector remains unclear.

Marton K.
Marton K.https://thecoingraph.com
Marton is seasoned crypto and finance journalist with over four years of experience. He has contributed to several high-profile outlets.

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