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In a landmark development, World Liberty Financial (WLF) – a decentralized finance platform backed by US President Donald Trump – has signed a Letter of Intent (LoI) with the Pakistan Crypto Council (PCC) to boost blockchain innovation in Pakistan.
The WLF delegation, including Zachary Folkman, Zachary Witkoff, and Chase Herro, met with top Pakistani officials, including the Prime Minister, Chief of Army Staff, Deputy Prime Minister, Minister of Information, and Minister of Defence, to finalize the cooperation.
The agreement focuses on promoting blockchain adoption, DeFi protocols, and stable-coin solutions for remittances and trade, with Pakistan moving swiftly towards crypto legalisation policies.
Key areas outlined in the LoI include regulatory sandboxes for blockchain products, tokenization of real-world assets like real estate and commodities, and advisory support on global blockchain trends.
With over 64 percent of Pakistan’s population under 30 and an estimated $300 billion in annual crypto transactions, the country ranks among the world’s fastest-growing crypto markets.
Finance Minister Muhammad Aurangzeb lauded the partnership, saying Pakistan’s youth and tech sectors offer unmatched opportunities for investment and innovation in the global blockchain economy.
Bilal Bin Saqib, CEO of the PCC, emphasized that the partnership would empower Pakistan’s young generation and strengthen its digital finance future.
He said, “Our collaboration with World Liberty Financial is more than just a partnership—it’s a strategic move to empower our young population and integrate Pakistan into the future of global finance.”
WLF’s leadership praised Pakistan’s energy and vision, calling it “one of the most exciting places in the world to build the future of decentralized finance.”
