World Liberty Financial Completes Its First $1 Million WLFI Buyback

World Liberty Financial said it completed a $1 million buyback of its WLFI governance token in less than 72 hours, describing it as the project’s first such purchase. The project said all operations can be verified onchain.

Earlier, World Liberty Financial outlined a plan to buy back WLFI using income from USD1 reserves and other sources. That plan left the program’s amount and timing open and described buybacks as a way to encourage governance participation and increase longer-term holders’ voting weight.