Trump-Backed Crypto Deal Boosts Blockchain Adoption in Pakistan and Global Security Market

28.04.2025 7 times read 0 Comments

A Trump-backed crypto venture is joining forces with Pakistan’s leading blockchain council, setting the stage for a transformative push in digital finance across one of the world’s fastest-growing crypto markets. With high-level government support and a youthful, tech-savvy population, this partnership aims to accelerate blockchain adoption, regulatory innovation, and stablecoin integration—potentially positioning Pakistan as a global leader in the next wave of Web3 development.

Trump-backed Crypto Venture Partners with Pakistan Crypto Council to Accelerate Blockchain Adoption

According to Dawn, the Pakistan Crypto Council (PCC) has entered into a significant partnership with World Liberty Financial (WLF), a decentralized finance platform supported by United States President Donald Trump, to promote cryptocurrency applications and enhance blockchain adoption in Pakistan. Trump and his affiliates hold a 60% stake in WLF, which was launched last year. The US president has pledged to regulate the crypto industry favorably, and his administration has already relaxed enforcement actions against several major industry players.

A WLF delegation, including Zachary Folkman, Chase Herro, and Zachary Witkoff (son of Trump’s special envoy Steve Witkoff), visited Islamabad and signed a letter of intent with the PCC. The event was attended by high-ranking officials such as the prime minister, chief of army staff, deputy prime minister, and finance minister Muhammad Aurangzeb (via video link). The agreement aims to accelerate blockchain innovation, stablecoin adoption, and decentralized finance integration across Pakistan.

The scope of cooperation includes launching regulatory sandboxes for blockchain financial product testing, facilitating the responsible growth of DeFi protocols, exploring tokenization of real-world assets like real estate and commodities, expanding stablecoin applications for remittances and trade, and providing strategic advisory on blockchain infrastructure and global regulatory trends. PCC CEO Bilal Bin Saqib and the chairman of the Securities and Exchange Commission of Pakistan (SECP) were also present at the signing.

Aurangzeb stated, “Pakistan’s youth and technology sector are our greatest assets. Through partnerships like this, we are opening new doors for investment, innovation and global leadership in the blockchain economy.”

The finance ministry highlighted that Pakistan, with 64% of its population under the age of 30, offers one of the world’s most promising digital economies. The country is among the top in global crypto adoption, with an estimated $300 billion in annual crypto transactions and 25 million active crypto users. Rising mobile penetration, a vibrant freelance economy, and strong government interest in blockchain position Pakistan’s youth to drive the next wave of Web3 innovation.

Last month, PCC CEO Saqib announced plans to legalize cryptocurrency to attract international investment, aiming to create a clear regulatory framework for digital-asset activities. He emphasized that Pakistan is a low-cost, high-growth market with 60% of the population under 30.

Key Figures Value
Annual Crypto Transactions $300 billion
Active Crypto Users 25 million
Population under 30 64%
  • WLF and PCC to launch regulatory sandboxes and expand stablecoin use.
  • Government plans comprehensive crypto legalization policies.
  • Pakistan is among the fastest-growing crypto markets globally.

Summary: The partnership between WLF and PCC marks a strategic move to position Pakistan as a leader in digital finance, leveraging its youthful population and growing crypto market. (Source: Dawn)

Global Blockchain Security Market Set for Explosive Growth

According to Market.us, the global blockchain security market is projected to surge from USD 4.3 billion in 2024 to approximately USD 877.1 billion by 2034, representing a compound annual growth rate (CAGR) of 70.2% from 2025 to 2034. North America led the market in 2024, capturing over 37.1% market share with USD 1.5 billion in revenue. The US market alone is valued at USD 1.3 billion in 2024 and is expected to reach around USD 194.6 billion by 2034, growing at a CAGR of 65.4%.

The market’s expansion is driven by increasing digitalization across sectors such as finance, healthcare, and supply chain management, as well as the rising prevalence of cyber threats. Key drivers include the need for identity verification, data privacy, and secure execution of smart contracts. Blockchain security incidents caused about USD 2.1 billion in damages over 12 months, according to BCSEC. The adoption of AI for blockchain security is also rising, with 28% using incorporated AI solutions, 30% using proprietary algorithms, and 42% planning further AI integration by year-end.

Year Global Market Value (USD) US Market Value (USD) CAGR
2024 4.3 billion 1.3 billion -
2034 (Forecast) 877.1 billion 194.6 billion 70.2% (Global), 65.4% (US)

In 2024, the Solution segment held the largest share in the blockchain security market, accounting for more than 65.8%. The Cloud-Based segment also dominated, with over 60.9% market share, reflecting a preference for scalable and cost-effective security solutions. Large enterprises led adoption, holding more than 73.7% market share, while the Banking, Financial Services, and Insurance (BFSI) sector accounted for over 32.7% of the market.

  • Key barriers to blockchain adoption: implementation challenges (30%), regulatory issues (30%), and potential security threats (29%).
  • 50% of IT executives are interested in blockchain security measures.
  • 68% of CEOs see improving data security and privacy as essential.

Regionally, North America’s dominance is attributed to its robust technological ecosystem and the presence of major players like IBM, Microsoft, and Oracle. Europe’s market is driven by stringent data protection laws, while Asia-Pacific is experiencing rapid growth due to aggressive adoption in countries like China, Japan, and South Korea. Latin America and the Middle East & Africa are emerging markets, with Brazil, Mexico, and GCC countries leading regional growth.

The market faces challenges such as scalability issues and a shortage of skilled professionals. However, opportunities exist in decentralized identity verification and securing healthcare data. The integration of AI and IoT is enhancing threat detection and data security capabilities within blockchain frameworks.

Segment 2024 Market Share
Solution 65.8%
Cloud-Based 60.9%
Large Enterprises 73.7%
BFSI Sector 32.7%
  1. Infineon Technologies, Kudelski Security, and ScienceSoft are recognized as leading companies in the blockchain security market.
  2. Recent developments include Kudelski Security’s new AI Security Service Portfolio and Infineon’s acquisition of Marvell Technology’s Automotive Ethernet business for $2.5 billion.

Summary: The blockchain security market is set for exponential growth, driven by digitalization, increasing cyber threats, and the integration of AI. North America leads the market, with significant opportunities in financial services, healthcare, and decentralized identity solutions. (Source: Market.us)

Einschätzung der Redaktion

The partnership between a Trump-backed crypto venture and the Pakistan Crypto Council signals a pivotal moment for both the global blockchain industry and Pakistan’s digital economy. The direct involvement of high-level political and financial stakeholders, combined with Pakistan’s large, young, and tech-savvy population, creates a unique environment for rapid blockchain adoption and innovation. The explicit focus on regulatory sandboxes, stablecoin expansion, and tokenization of real-world assets demonstrates a strategic approach that could position Pakistan as a regional leader in digital finance.

However, the strong political association and the scale of the initiative also introduce significant risks, including regulatory volatility and potential geopolitical tensions. The move may accelerate foreign investment and technological advancement, but it will require robust governance and transparent regulatory frameworks to ensure sustainable growth and protect local interests. If executed effectively, this partnership could serve as a blueprint for emerging markets seeking to leverage blockchain for economic transformation.

  • High-level political and financial backing increases the initiative’s credibility and potential impact.
  • Pakistan’s demographic and market dynamics offer a fertile ground for blockchain-driven growth.
  • Strategic regulatory and technological measures are essential for long-term success and risk mitigation.

Sources:

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