WLFI Founder Meets with CZ in Abu Dhabi — What Was Discussed?
Jakarta, Pintu News – A landmark meeting between the founders of World Liberty Financial (WLFI) – Zach Witkoff, Zak Folkman, and Chase Herro- and Changpeng Zhao (CZ), founder of Binance, recently took place in Abu Dhabi.
The discussion focused on developing strategic initiatives to normalize and expand the crypto industry globally.
Check out the full news below!
Key Discussions in Abu Dhabi Meeting
In a meeting held in Abu Dhabi, the founders of WLFI and CZ Binance discussed various strategies to accelerate global crypto adoption. They also explored the creation of new industry standards that can support the sector’s growth. These initiatives are expected to propel the crypto industry into its next phase of growth and development.
The meeting participants emphasized the importance of cooperation among industry leaders to promote innovation. They also discussed the potential markets that can be explored, particularly in developing countries like Pakistan, which can serve as global case studies in blockchain utilization.
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CZ Optimism and Concern
Changpeng Zhao expressed optimism about the meeting’s outcome, but he also raised concerns about how traditional media might frame the meeting in a negative light.
This is in line with his recent run-ins with outlets like Bloomberg, which he says often highlight his past legal troubles rather than focus on the work being done.
CZ has been actively engaged in discussions with governments in countries such as Pakistan, Kyrgyzstan, and Malaysia regarding cryptocurrency policies. However, he feels that his efforts are often misrepresented by the media, which tends to focus on controversies rather than the progress he has made.
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Controversy and Commitment
World Liberty Financial, backed by President Trump, has also been the center of attention and criticism, particularly regarding potential conflicts of interest. U.S. senators have expressed their concerns regarding this.
Additionally, reports have surfaced about the possibility of the Trump family acquiring a stake in Binance, a claim that has been strongly denied by CZ. Despite facing external scrutiny, this high-profile meeting affirmed the commitment of the parties involved to build a stronger and more collaborative future for the crypto sector.
This represents a significant step forward in their efforts to expand and normalize the industry globally.
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Reference
- BeInCrypto. World Liberty Financial & CZ Crypto Initiatives. Accessed on April 29, 2025
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