World Liberty Financial plans WLFI token buybacks after 66% drop this year
More WLFI buybacks planned after midterm election drop
World Liberty Financial, the crypto venture backed by the Trump family, plans to buy back more of its WLFI token. The move follows a sharp fall in the token price after the U.S. midterm elections.
WLFI has fallen about 10% since Tuesday. It is now down more than 66% this year, according to the source article published on Nov 6, 2026.
Price falls and related assets at record lows
- WLFI fell about 10% after the U.S. midterm elections.
- The token is down more than 66% year to date.
- The latest fall came as Republicans performed worse than expected in the elections, the article reported.
- The TRUMP memecoin and Trump Media shares also hit record lows, the article reported.
Fees from USD1 reserves may fund the purchases
The company said on X it may use fees earned from reserves backing its USD1 stablecoin. A stablecoin is a type of crypto token designed to keep a stable value, usually close to $1. The company also mentioned other sources of funding.
World Liberty Financial said the aim is to encourage more active participation in governance. Governance means token holders can vote on decisions for the project. The company said it wants more voting power to sit with committed long-term holders.
The project said: "We intend for buybacks to be an ongoing part of our long-term strategy with the pace and scale guided by ecosystem growth and impact on governance participation."
Earlier buybacks and a separate lawsuit
This is not the first time the company has tried to support WLFI with purchases. In April, it disclosed $65.6 million in open-market buybacks over the prior six months, according to the article.
World Liberty Financial also faces a separate issue. Tron founder Justin Sun said he had asked a federal court to sanction the company in his lawsuit over roughly 4 billion frozen WLFI tokens. The article reported that Sun made the request on the day of the vote.
What the announcement does not specify
The article does not give a set amount for new purchases. It also does not give a start date or a timetable. The company said pace and scale would be guided by ecosystem growth and governance participation.
Why the plan matters for governance
Buybacks, when a company buys its own token from the market, can affect who holds the token and how much voting power they have. If longer-term holders hold more WLFI, they would have more influence over governance decisions, based on the company's stated aim.
Source for this article
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.