Has Pakistan Invested in Trump Family’s Crypto Firm?

Pakistan has dismissed allegations that it invested in World Liberty Financial, a cryptocurrency firm tied to the Trump family's business interests. According to the Pakistan Virtual Assets Regulatory Authority (PVARA), the nation's engagement with the firm has been limited to technical cooperation and discussions on the future of financial systems.

The BBC reported that this relationship began in March 2025 when Pakistan formed the Pakistan Crypto Council, which led to a letter of intent with World Liberty Financial in April 2025, followed by a memorandum of understanding (MoU) in January 2026. The MoU was signed by Prime Minister Shehbaz Sharif, Field Marshal Asim Munir, and World Liberty Financial CEO Zachary Witkoff, among other officials.

World Liberty Financial, founded by Donald Trump's sons and Steve Witkoff, the U.S. special envoy to the Middle East, confirmed that an entity linked to the company had entered an agreement with Pakistan to explore the use of US dollar pegged stablecoins in the country's financial system. Despite Donald Trump's distancing from the company, its international business dealings have drawn attention in the United States, particularly after the Democrats gained control of Congress in the midterm elections.