Zach Witkoff
Zach Witkoff | |
|---|---|
| Spouse | Sophi Knight (2022) |
Zach Witkoff is an American businessman and co-founder of the cryptocurrency firm World Liberty Financial (WLF).[1][2][3]
Early life and education
[edit]Witkoff is the son of real estate investor and lawyer Steve Witkoff.[4] He attended the University of Miami.
Career
[edit]Witkoff co-founded WLF in 2024, and is 60% owned by the Trump family. The firm established the stablecoin USD1, pegged to the United States Dollar, and as of May 2025 has become the fifth largest stablecoin.[5] Witkoff's business transactions with Abu Dhabi state-backed MGX Fund Management Limited attracted scrutiny as a result of his father's role as 1st United States Special Envoy to the Middle East.[6][7]
References
[edit]- ^ Berwick, Rebecca Ballhaus and Angus. "The Father Pursues Trump's Diplomatic Deals. The Son Chases Crypto Deals". WSJ. Retrieved 2025-05-24.
- ^ Charter, David (2025-05-23). "How Zach Witkoff built a global crypto empire in months". www.thetimes.com. Retrieved 2025-05-24.
- ^ Lipton, Eric; Yaffe-Bellany, David; Protess, Ben (2025-04-29). "Secret Deals, Foreign Investments, Presidential Policy Changes: The Rise of Trump's Crypto Firm". The New York Times. ISSN 0362-4331. Retrieved 2025-05-24.
- ^ Acosta, Joshua Chaffin and Deborah. "How a Real Estate Mogul Became Trump's Middle East Point Man". WSJ. Retrieved 2025-05-24.
- ^ Clarence-Smith, Louisa (2025-03-25). "Trump crypto group to launch stablecoin backed by US treasuries". www.thetimes.com. Retrieved 2025-05-24.
- ^ Maccioni, Federico (2025-05-01). "Trump's stablecoin chosen for $2 billion Abu Dhabi investment in Binance, co-founder says". Reuters. Retrieved 2025-05-24.
- ^ Yaffe-Bellany, David (2025-05-01). "At a Dubai Conference, Trump's Conflicts Take Center Stage". The New York Times. ISSN 0362-4331. Retrieved 2025-05-24.
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