Trump-Backed WLFI Launch Buyback Plan After 73% Crash
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World Liberty Financial, the Trump family-backed crypto venture, has launched a formal buyback program for its WLFI governance token after the token fell more than 73% from its post-election peak. The company announced the plan on November 6, using treasury funds to repurchase WLFI on the open market in an effort to support the token's price. WLFI, which serves as the project's governance token, had surged following the 2024 election before giving back most of those gains. The buyback marks one of the highest-profile attempts by a politically connected crypto project to stabilize its token, and it comes as WLF continues building out its DeFi platform. Traders will watch whether the repurchases meaningfully lift WLFI's price and whether the program's size and duration are disclosed in the coming weeks.
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Named in this story
World Liberty Financial, WLFI, Trump family