WLFI executed a $7.79M token buyback to reinforce confidence in its ecosystem, using structured on-chain swaps to stabilize market activity.
WLFI’s portfolio shows diversification, holding billions in crypto assets, major USD1 reserves, and multiple AETH-based derivatives.
Security steps followed phishing incidents as WLFI froze wallets, verified users with KYC, and used contracts to safely return funds.
World Liberty Financial (WLFI), the Trump-backed crypto project, triggered market attention by spending $7.79 million to buy 46.56 million WLFI tokens. The transactions occurred on-chain over five hours, with each swap averaging $0.1674 per token.
Lookonchain confirmed the activity on X, noting the structured approach involved sending roughly $132,000 per transaction. Consequently, the firm reinforced its commitment to WLFI, demonstrating strong support for its native token.
The buyback strategy leveraged CoW Protocol, where WLFI tokens were swapped for the USD1 stablecoin. Moreover, Arkham Intelligence identified additional movements between World Liberty wallets and a Coinbase smart wallet. These coordinated efforts indicate a well-planned approach to market stabilization.
Besides bolstering token value, the firm’s portfolio shows diversification, holding $8.29 billion in crypto, mostly WLFI tokens. It also maintains $96.6 million in USD1 stablecoin and notable positions in AETHUSDT, AETHUSDC, AETHWETH, AETHWSTETH, and AETHWBTC derivatives.
Security Measures and Strategic Moves
Besides financial maneuvers, WLFI continues addressing past security challenges. On November 19, the project confirmed phishing attacks impacted some user wallets. WLFI froze the affected wallets, verified ownership through KYC, and implemented smart contract logic to safely reallocate funds.
Consequently, the team reassured users about the integrity of their holdings. Additionally, WLFI recently invested in the meme token SPSC, stating, “Buying $SPSC because the trenches finally found religion in USD1 memes.” Hence, the firm balances portfolio expansion with proactive risk management.
The buyback comes amid external market events. Controversial figure Andrew Tate lost nearly $1 million in forced liquidations on Hyperliquid, including most of his WLFI holdings. Hyperliquid data shows that dips in Bitcoin below $90,000 triggered severe losses for derivative traders. Consequently, even promoters of WLFI experienced substantial setbacks, highlighting market volatility.
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