US President Donald Trump is struggling with a political storm in Washington on allegations of bribery and corruption around his family’s crypto ventures. The Crypto Platform World Liberty Financial (WLF) run by Trump’s family has now crossed a $ 100 million lead in cryptocurrency holdings. In addition, the firm’s recent deal with Pakistan is now in the headlines.
World Liberty Financial Partners with Pakistan Crypto Council
The WLF recently participated with the Pakistan Crypto Council (PCC) to carry forward blockchain innovation, stabechoin adoption and decentralized finance integration in Pakistan. Last month, Pakistan also planted it as its advisor to the founder of Benance, Changpeng Jhao (CZ). The Pakistani government allegedly convert Islamabad to the ‘Crypto Hub of South Asia’.
Partnership between WLF and PCC includes cooperation in major areas such as regulating and testing blockchain financial products, facilitating responsible development of DEFI protocols, discovery of tokens of real -world assets (RWAS), and expanding stabeloin applications. WLF co-founders have allegedly met Pakistan Prime Minister and other high-ranking officials to formalize the deal, according to local media.
The partnership with Pakistan indicates an important step in expanding its global footprint for WLF. Earlier this year, the Dubai -backed Fund announced that it would happen Use WLF’s USD1 Stablecoin to get a $ 2 billion share in binanceTo highlight the growing impact of WLF in Global Crypto Finance. It has also attracted major investments of the Crypto industry, including $ 75 million from Tron’s founder Justin Sun.
Crypto Empire of Trump
The Participation of the Trump family with the World Liberty Financial has been the cause of intensive political debate. Established in 2024, WLF still takes President Donald Trump as his “Chief Crypto Advocate”, according to media reports. The family is said to have stakes more than 60% in WLF Holdco LLC, and 22.5 billion WLFI tokens of the family.
WLF’s cryptocurrency portfolio has seen significant growth within a short period. WLF purchased more than $ 100 million in Crypto tokens in January this year, which took place with the inauguration of President Trump. The purchase included sufficient quantity of Ether (ETH) and wrapped bitcoin (WBTC). These acquisitions allegedly increased to WLF’s total cryptocurrency holdings to more than $ 300 million. However, due to market instability, the firm lost significant value in its crypto portfolio.
Now, it has gradually re -created its portfolio, Cumulative crypto holdings of WLF Reaching $ 107,483,406 on 16 May.
However, House Democrats are now demanding an inquiry In suspicious financial activities related to Crypto projects by President Donald Trump like WLF.
Disclaimer: The material presented may include the author’s personal opinion and is subject to the market status. Do your market research before investing in cryptocurrency. The author or publication does not have any responsibility for your personal financial loss.
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