The co-founders of World Liberty Financial (WLFI), a company backed by President Trump, recently met with Changpeng Zhao (CZ), co-founder of Binance, in Abu Dhabi. The meeting aimed to discuss strategic initiatives to standardize and expand the cryptocurrency industry globally.
WLFI shared details of the meeting on social media, emphasizing their commitment to driving innovation in the industry. The agenda included plans to accelerate the adoption of cryptocurrencies on a global scale, establish new industry standards, and propel the sector into its next phase of growth.
Zach Witkoff, one of the co-founders of WLFI, expressed optimism about the future, stating, “The future belongs to the builders, not the bystanders. We’re just getting started.” CZ also met with Bilal Bin Saqib, CEO of the Pakistan Crypto Council (PCC), further solidifying their collaboration to enhance blockchain development and DeFi growth in the country.
Despite their positive outlook, CZ acknowledged potential negative media coverage of the meeting. He criticized mainstream outlets like Bloomberg for focusing on his past legal issues rather than his current efforts to promote blockchain technology globally.
WLFI has also faced scrutiny due to its association with the President, with concerns raised by US senators about possible conflicts of interest. Rumors of the Trump family acquiring a stake in Binance were strongly denied by CZ.
Despite external challenges and criticism, the meeting between WLFI, CZ, and PCC underscores their dedication to building a collaborative and innovative future for the cryptocurrency industry. Stay tuned for more updates on their impactful initiatives.