Steve Witkoff’s Diplomatic Endeavors
In a report from The Wall Street Journal, insiders revealed that Steve Witkoff, who served as President Trump’s envoy to the Middle East, traveled to the United Arab Emirates for discussions on regional dynamics just a month prior to Trump assuming office. During his visit, Witkoff also took part in a conference centered around cryptocurrencies.
Zach Witkoff’s Ventures in Cryptocurrency
Zach Witkoff, the son of Steve Witkoff and the founder of World Liberty Financial Inc. (WLFI), has frequently referred to Donald Trump as the “Godfather” when he introduces various cryptocurrency enterprises. He asserts that his company is well-positioned to navigate the rapidly changing landscape of cryptocurrency regulations in the U.S.
Proposal to Pakistan
In a notable engagement, Zach Witkoff met with several officials from the Pakistani government, where he proposed leveraging blockchain technology to create a tokenized system for the trade of the country’s rare earth minerals. This proposal came just weeks before these discussions coincided with the negotiations of a ceasefire agreement between India and Pakistan facilitated by the Trump administration.
Connections and Future Prospects
Additionally, it was reported that CZ, the founder of Binance, has provided support in international dealings for WLFI; however, a spokesperson for the company clarified that CZ is merely a friend of Zach Witkoff, rather than acting as a middleman. The WLFI team is also said to have explored potential token transactions with other Gulf-based firms, which they suggest could aid in their growth strategy within the United States, although an official representative has refuted this assertion.
