tl;dr
The co-founders of President Trump-backed World Liberty Financial (WLFI)—Zach Witkoff, Zak Folkman, and Chase Herro—met with Binance co-founder Changpeng Zhao (CZ) in Abu Dhabi to discuss strategic initiatives aimed at standardizing and expanding the global cryptocurrency industry. Their talks focus...
The co-founders of World Liberty Financial (WLFI)—Zach Witkoff, Zak Folkman, and Chase Herro—met with Binance CEO Changpeng Zhao (CZ) in Abu Dhabi to discuss strategic initiatives aimed at standardizing and expanding the global cryptocurrency industry.
The meeting focused on accelerating cryptocurrency adoption, establishing new industry standards, and fostering the sector’s next phase of growth and innovation.
CZ also engaged with Bilal Bin Saqib, CEO of the Pakistan Crypto Council (PCC), to support blockchain development, stablecoin adoption, and DeFi expansion in emerging markets like Pakistan.
Despite media skepticism and scrutiny over political ties, including WLFI’s association with President Trump and rumors related to Binance ownership, all parties reaffirmed their commitment to collaboratively advancing the cryptocurrency ecosystem.
WLFI emphasized that this gathering marked the start of broader industry initiatives aimed at innovation and growth, with Witkoff stating, “The future belongs to the builders, not the bystanders. We’re just getting started.”
Meanwhile, CZ expressed optimism but cautioned against potential negative media framing, reflecting past disputes with mainstream outlets that focused on his legal history rather than his ongoing advisory roles with governments on crypto policy.
The collaboration between WLFI, Binance, and Pakistan Crypto Council highlights a concerted effort to propel blockchain technology and decentralized finance (DeFi) in emerging markets, showcasing an ambition to make such regions global case studies for crypto-driven transformation.