Pakistan ties up with cryptocurrency company having large stakes of Donald Trump family

As per reports, Pakistan’s Crypto Council signed a letter of intent with World Liberty Financial on April 26, 2025, to promote blockchain innovation, decentralized finance (DeFi), and stablecoin adoption in Pakistan.

New Delhi: Pakistan has signed a deal with World Liberty Financial, a cryptocurrency company in which the Trump family holds a 60% stake.

As per reports, Pakistan’s Crypto Council signed a letter of intent with World Liberty Financial on April 26, 2025, to promote blockchain innovation, decentralized finance (DeFi), and stablecoin adoption in Pakistan.

The agreement aims to position Pakistan as a hub for cryptocurrency in South Asia, with support from World Liberty Financial and Binance founder Changpeng Zhao, who serves as an adviser to the council.

World Liberty Financial is a DeFi platform where DT Marks DEFI LLC, a Trump family entity, owns approximately 60% of the holding company and is entitled to 75% of certain revenues from coin sales.

Donald Trump is titled the “Chief Crypto Advocate,” while his sons Eric and Donald Jr. are “Web3 Ambassadors,” and Barron Trump is the “DeFi Visionary.”

The company raised $300 million in October 2024 through token sales and plans to launch a stablecoin called USD1.

The deal was signed five days after a terrorist attack in Pahalgam, Jammu and Kashmir, on April 22, 2025, which killed 26 tourists and intensified tensions between India and Pakistan.

The report suggested that Donald Trump’s interest in mediating the India-Pakistan conflict over Kashmir aligns with this business deal, raising concerns about potential conflicts of interest.

India has expressed concerns that Pakistan’s crypto-friendly policies could shift trading activity away from India, potentially posing national security risks if Indian financial data is accessed by Pakistan.

The deal has sparked discussions on X, with some users questioning Trump’s motives, suggesting a “soft corner” for Pakistan due to his family’s business interests.

India’s rejection of Trump’s mediation offer and its firm stance on bilateral resolution of the Kashmir issue highlight ongoing diplomatic tensions.

The crypto deal is part of a broader set of Trump-related crypto ventures, including the $TRUMP meme coin, which has seen significant market volatility.