Categories: Crypto

Trump-backed World Liberty Financial conducts nearly $10M WLFI token buyback in six hours


Key Takeaways

  • World Liberty Financial repurchased 59 million WLFI tokens worth nearly $10 million in six hours.
  • WLFI rallied on the renewed accumulation.

Share this article

World Liberty Financial, the crypto project backed by the Trump family, spent approximately $10 million to buy back 59 million WLFI tokens over the past six hours, according to Arkham Intelligence data.

The entity appears to be continuing its accumulation of WLFI through swap purchases on CoW Swap at the time of reporting.

WLFI climbed during the buyback activity, gaining 10% over the past six hours, according to CoinGecko.

Founded in 2024, World Liberty Financial aims to offer on-chain financial services supported by its WLFI token and USD1 stablecoin. The project promotes US-aligned crypto development with a focus on compliance and secure, dollar-based products.



Source link

Adam Forsyth

Share
Published by
Adam Forsyth

Recent Posts

Get 8TB Cloud Storage for $649.99 and Skip Years of Subscription Fees

FileLu delivers long-term, high-capacity storage without recurring fees, built to support big archives and bigger…

12 minutes ago

Moonpay Obtains New York Trust Charter to Expand Regulated Digital Asset Services

Moonpay secures a New York Limited Purpose Trust Company charter, enhancing its ability to provide…

13 minutes ago

Score over $700 off the Microsoft Surface Pro in the Amazon Black Friday sale

SAVE OVER $700: The Microsoft Surface Pro 2-in-1 Laptop/Tablet is on sale for $1,399 in…

1 hour ago

Will Bitcoin Price Hodl Support? BTC USD Price Prediction, 3 Reasons Why The Crypto Market is Crashing Explained

The question dominating trader sentiment today is simple: why is the crypto market crashing, and…

2 hours ago

Boeing’s Next Starliner Flight Will Only Be Allowed to Carry Cargo

The US space agency ended months of speculation about the next flight of Boeing’s Starliner…

2 hours ago

YGG Play Summit Reveals Southeast Asia Gaming Trends – Games Bitcoin News

Web3 gaming in Southeast Asia signaled its shift from experimentation to execution at the YGG…

2 hours ago