CNA · 2026-11-06 02:25 UTC

Trump-backed World Liberty Financial launches WLFI token buyback program

World Liberty Financial announced a buyback program for its WLFI governance token, funded by an initial allocation that could include revenue from reserves backing its USD1 stablecoin and other sources. The company said the program aims to encourage governance participation and increase voting power among long-term token holders, with buybacks intended to become ongoing. WLFI has fallen about 10% since the US midterm elections and more than 60% so far this year, according to CoinMarketCap.com.

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