Trump-backed World Liberty Financial spends $10m buying back own token

World Liberty Financial, the Trump family’s crypto project, is buying back its own token. Over the past 12 hours, the project spent $10 million buying just over 59 million WLFI tokens through CoW Swap, a decentralised exchange, onchain records show. It comes after a September proposal for the project to use fees it generates to buy back and burn WLFI tokens passed a governance vote. The buybacks have so far done little to spur investor interest, with WLFI trading up just 0.4% over the past 24 hours, per ...