World Liberty Financial (WLF), a crypto venture backed by the Trump family, has crossed the $100 million mark in digital asset holdings following a strategic partnership with the Pakistan Crypto Council. This milestone reinforces WLF’s growing influence in the global crypto space while also intensifying political scrutiny in the U.S. due to the Trump family's direct involvement.
The Pakistan deal positions WLF at the center of Islamabad’s emerging crypto strategy. The agreement aims to drive blockchain innovation, stablecoin adoption, and decentralized finance (DeFi) expansion across Pakistan.
WLF will work closely with local regulators and institutions to develop tokenized real-world asset (RWA) platforms and explore scalable blockchain-based financial infrastructure. High-level meetings between WLF’s leadership and Pakistani officials, including the Prime Minister, underscore the depth of the partnership. The move comes as Pakistan seeks to establish itself as South Asia’s crypto hub, building on recent moves like appointing Binance founder Changpeng Zhao as a formal adviser.
Earlier this year, WLF made headlines when a Dubai-backed investment fund announced it would use WLF’s USD1 stablecoin to facilitate a $2 billion stake acquisition in Binance. WLF has also drawn in sizable investments from key industry players, including $75 million from Tron’s Justin Sun, further elevating its international profile.
Founded in 2024, WLF still lists Donald Trump as its “Chief Crypto Advocate” according to multiple media reports. The Trump family retains over 60% ownership in WLF’s parent entity, WLF Holdco LLC, and controls 22.5 billion WLFI tokens. The firm made its first major crypto acquisition in January 2025, coinciding with Trump’s inauguration, securing a portfolio then valued at over $300 million through significant purchases of Ether (ETH) and Wrapped Bitcoin (WBTC). Market volatility caused a sharp decline in those holdings, but the portfolio has since rebounded to over $107 million as of May 16.
Despite its global expansion, WLF is facing mounting pressure at home. House Democrats are calling for a formal investigation into the Trump family’s crypto activities, alleging potential conflicts of interest, improper disclosures, and possible violations of ethics laws. The controversy adds another layer to the political firestorm engulfing President Trump as he navigates accusations of corruption tied to his family's rapidly growing crypto empire.
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