Trump-backed WLFI Crypto Project Brings New Advisor – Who Is Bilal Bin Saqib?

Monicah W

Trump-backed WLFI

Trump WLFI New Advisor:- The Trump-endorsed WLFI (World Liberty Financial Initiative) has made a strategic addition in its advisory board.

It has announced on April 15 the appointment of Bilal Bin Saqib, a British-Pakistani entrepreneur and angel investor. Bilal is a graduate of the London School of Economics and has been listed on Forbes’ 30 Under 30.

The move, by Trump family-backed Defi protocol,  becomes all the more strategic given WLFI’s recent launch of its own stablecoin, USD1, and the near-term plans to scale its protocol and DeFi system.

Who Is Trump-backed WLFI’s New Advisor?

Bilal Bin Saqib, awarded with British Empire (MBE) medal, is best known for his work at the intersection of social entrepreneurship and technology.

He was listed on Forbes’ 30 Under 30 for his work in social impact, notably with his non-profit Tayaba. His non-profit has worked for transforming the access to clean water for underserved communities in Pakistan through innovative water-carrying solutions.

In March, Pakistan appointed Bilal Bin Saqib as the Chief Advisor to the Finance Minister for the Pakistan Crypto Council.

He is also the founder of One Million Meals, a campaign launched during the COVID-19 pandemic that served over a million meals to NHS frontline workers in the UK.

His entrepreneurial background is further amplified by his active role in venture capital and technology startups, with a strong focus on Web3 and sustainability. He has served as the growth advisor for many Early/Mid-Level web3 projects such as The Coin Masters, Africa’s crypto exchange Busha, and the NFT search engine Corol Reef.

Is WLFI Trying to Change its Right-wing centered Branding

 WLFI is often marketed as a platform for “freedom-centric finance.” It aims to leverage blockchain to reduce dependence on traditional financial institutions, which it claims are prone to censorship and centralized control.

Though details on the WLFI tokenomics and roadmap remain sparse, the advisory board now includes a mix of political strategists, crypto veterans, and global thought leaders.

And now Saqib’s entry into the Trump-backed WLFI fold is significant for several reasons. He brings a strong international presence and a focus on ethical innovation. This could help legitimize WLFI on the world stage – especially in emerging markets where crypto adoption is accelerating.

His social impact background may help reshape the public narrative around WLFI. Trump-backed WLFI continues to face criticism for its close alignment with U.S. right-wing politics.

With Saqib onboard, WLFI may also attempt to rebrand itself as a more globally inclusive platform for financial liberty.

This move could also open doors for strategic partnerships across the Middle East and South Asia, regions where Saqib has established philanthropic and entrepreneurial roots.

This strategic change for WLFI comes as DWF Labs invested $25M in its WLFI token.

Eyes on its Near-Term Plans

The addition of Bilal Bin Saqib will provide further strength to Trump-backed WLFI’s existing strategic advisory board that currently includes:

  • Justin Sun – Strategic Advisor and TRON founder,
  • Sandy Peng – Advisor and Co-founder of Scroll,
  • Corey Caplan – Advisor and Co-founder of a multichain money market protocol, Corey Caplan 
  • Alexei Dulub – Advisor and Founder of Web3 Antivirus and PixelPlex
  • Chase Herro and Zachary Folkman – original co-founders of WLFI

And now as WLFI prepares for its first public demo in Q2 2025, all eyes will be on how its advisory board — now including Saqib — navigates the intersection of decentralized tech and global policy narratives.

If successful, WLFI may not just be a political project but a powerful player in the evolving crypto landscape.

The post Trump-backed WLFI Crypto Project Brings New Advisor – Who Is Bilal Bin Saqib? appeared first on CoinGape.

Related Posts

Stablecoin Inflows Likely To Trigger ‘Parabolic’ Altcoin Rally Ahead: Report

Stablecoin Inflows Likely To Trigger 'Parabolic' Altcoin Rally Ahead: Report

The stablecoin market continues to evolve with significant inflows recorded over the past days. Recent data suggests a gradual increase in these cryptocurrencies’ influx, signaling ongoing growth in the crypto ecosystem. This development underscores cryptocurrencies’ potential to become a more uncorrelated asset class, particularly as global economic debates around tariffs and trade wars persist.

Stablecoin Inflow Indicates Crypto Growth; Altcoin Rally Ahead?

In a surprising turnaround, the stablecoin market has seen a significant inflow despite a slowdown in growth. According to a recent report by Matrixport, this growing positive sentiment indicates market growth.

However, Matrixport asserted that the trend is not sufficient to trigger a significant altcoin rally. Instead, massive inflows are illuminating the crypto industry’s steady growth, making it clear that the sector is far from stagnant. Matrixport cited, “While this may not be enough to trigger a parabolic altcoin rally, it clearly shows the industry is far from stagnant.”

Crypto vs Traditional Markets

According to Matrixport, these stablecoins defy the uncertainty surrounding the broader financial sector. Recently, the traditional market, including stocks and bonds, saw its largest fall since 2020. This debacle, which followed US President Donald Trump’s tariff announcement, largely left cryptocurrencies unaffected.

Notably, Bitcoin remained resilient to the stock market collapse despite BTC’s strong correlation with the latter. And now, these crypto buck the negative trend, securing significant inflows. This trend suggests that crypto is potentially becoming a more uncorrelated asset class; cryptocurrencies are becoming less influenced by traditional markets. Matrixport’s statement read:

“Notably, stablecoin inflows are increasing despite uncertainty in equity and bond markets, suggesting crypto could be evolving into a more uncorrelated asset class.”

US Stablecoin Regulation: A Closer Look

The significant inflow coincides with the favorable regulatory environment in the United States. Recently, the Trump government passed the STABLE Act to establish regulatory guidelines for all USD-pegged coins, including Tether (USDT) and Circle (USDC).

Another significant development that followed the STABLE Act was Tether’s initiative to launch a US-focused coin.

The post Stablecoin Inflows Likely To Trigger ‘Parabolic’ Altcoin Rally Ahead: Report appeared first on CoinGape.