World Liberty Financial (WLFI), a project backed by the Trump family, has entered into multiple agreements with the Pakistan Crypto Council (PCC) to foster investment and innovation in Pakistan’s digital assets sector. The partnership was formalized at a signing ceremony attended by Pakistan’s Federal Minister for Information Ata Tarar, PCC CEO Bilal Bin Saeed, and WLFI co-chairman Zack Vetkoff.
The agreement comes just a month after the establishment of the PCC, which was created to regulate and promote cryptocurrency and blockchain technology in Pakistan. Minister Tarar highlighted the significance of the PCC, stating that it represents a crucial step in embracing emerging technologies. He emphasized that initiatives like the WLFI partnership will accelerate economic growth and technological advancement in the country.
Tarar noted that Pakistan has made significant progress in the crypto sector despite being a relatively new entrant. With a population of 241.5 million, making it the world’s fifth-most populous country, Pakistan offers substantial opportunities in the cryptocurrency space. Vetkoff expressed enthusiasm about the partnership, describing Pakistan as one of the fastest-emerging economies with considerable economic potential. “We are excited to be part of its journey towards a vibrant financial future,” he added.
The Trump family holds a 60% stake in WLFI, which manages over $103 million worth of crypto assets, according to data from Arkham. This partnership underscores the growing interest in Pakistan’s digital asset market and the potential for foreign investment in the country’s burgeoning tech sector.