Trump-Backed World Liberty Financial Announces Token Buyback Program
CryptoPotato · Fri, 06 Nov 2026 07:00:17 GMT
Hype 58/100 · Market impact 20/100 · Breaking 51/100
World Liberty Financial, a Trump-family-backed crypto project, said in a November 6 post on X that it would begin a token buyback program, initially funded by fees from its USD1 stablecoin reserves and other sources. The project said the buybacks aim to increase participation in WLFI governance and concentrate voting power among long-term holders. After the first allocation, World Liberty will assess the program before setting its future scale, calling buybacks an ongoing part of its long-term strategy whose pace and size depend on ecosystem growth and governance effects. At the time, WLFI traded near $0.047, more than 60% below its level a year earlier and 85% below its September 2025 all-time high.