Trump-Linked World Liberty Says New WLFI Buyback Will ‘Consolidate Voting Power’
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World Liberty Financial, the Trump-linked crypto project, announced a new buyback program for its WLFI token aimed at consolidating voting power, though it disclosed neither the size nor the start date of the repurchases. The company said early funding for the buyback may come from fees on reserves backing its USD1 stablecoin. The move matters because it could concentrate governance influence among existing holders of WLFI, a token tied to a politically prominent DeFi venture. Details remain sparse, so watch for the program's eventual size, timing, and how much stablecoin reserve revenue is actually directed toward repurchases.
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Named in this story
World Liberty Financial, WLFI, USD1, Donald Trump