buyback

Galaxy Digital announced that its board of directors has approved a stock repurchase plan, authorizing the repurchase of up to $200 million of Galaxy Class A common stock, subject to applicable securities laws and exchange regulations.Galaxy founder and CEO Mike Novogratz stated, "Galaxy has a strong balance sheet and continues to invest in the growth of Galaxy. This foundation allows us to flexibly return capital to shareholders when we believe the stock price does not reflect the company's value. The stock repurchase plan also underscores our confidence in Galaxy's long-term prospects."

Aster announced on the X platform that it has executed a 100% destruction of the repurchased tokens from the fourth and fifth phases. A total of 98,400,345.46 ASTER tokens have been permanently destroyed, with 53,920,060.26 tokens destroyed in the fourth phase and 44,480,285.2 tokens destroyed in the fifth phase. The related destruction transactions have been verified and published on BscScan.The announcement also pointed out that the sixth phase of the repurchase plan is still ongoing, and users can track the repurchase dynamics through the provided on-chain address.

Pendle announced on the X platform that the sPENDLE buyback mechanism will officially launch on February 9, with the first batch of sPENDLE rewards being distributed on February 13. The rewards will be calculated based on time-weighted metrics, accumulating from January 29, 2026, 00:00 UTC, including the previously undistributed portion related to Pendle's fee airdrop.

According to Bloomberg, Anthropic plans to conduct an employee stock buyback at a valuation of $350 billion. Meanwhile, the company is in the process of a funding round that is expected to raise over $20 billion. This buyback offer will allow Anthropic's employees to cash out a portion of their equity in the company.Insiders revealed that the $350 billion valuation is the same as the valuation discussed in the ongoing funding and is a pre-money valuation, meaning it does not include the funds already raised.

Sky Protocol (formerly MakerDAO) repurchased 130 million SKY tokens in January, costing 8.5 million USDS. Since the program launched in February 2025, the total amount of USDS used for repurchases has exceeded 106 million dollars.

ALT5 Sigma Corporation (NASDAQ: ALTS) announced that its board of directors has approved a stock repurchase plan of up to $100 million, which will repurchase up to 50 million shares, approximately 40% of the outstanding shares, when trading below net asset value (NAV). The company stated that this move aims to take advantage of valuation discounts and unlock shareholder value. Additionally, the board has approved the continued accumulation of WLFI tokens in the secondary market.ALT5 currently holds approximately 7.3 billion WLFI tokens, valued at around $1.5 billion, and is optimistic about the rapid growth of the World Liberty Financial ecosystem and its stablecoin USD1. To initiate the related plans, ALT5 has reached a $15 million loan agreement with World Liberty Financial and indicated that it may further leverage its strong balance sheet of over $1.6 billion for financing in the future. Company CEO Tony Isaac stated that this repurchase and token strategy demonstrate management's high confidence in the company's long-term value and strategic direction.

The Optimism governance layer has passed a proposal to more closely tie the OP token to the economic performance of Superchain. This marks a significant shift in how token value and revenue usage are approached in one of Ethereum's largest Layer 2 ecosystems.According to the proposal, the Optimism Foundation will use 50% of the net revenue from the Superchain sequencer for regular buybacks of OP tokens during a 12-month pilot period starting in February. The remaining revenue will continue to support the ecosystem fund, finance projects, and operations.According to data from the Optimism on-chain governance portal, the proposal was approved with an 84.4% support rate after several days of discussion among representatives and token holders.This initiative is Optimism's first formal attempt to link the demand for OP tokens with the activities of the Superchain full network. Superchain is an ever-expanding collection of chains built on the OP Stack, including the OP mainnet, Base, Unichain, World Chain, Soneium, Ink, and more.

Delphi Digital stated in its latest report on Lighter (LIT) that the fundamentals of Lighter are much better than what the price trends reflect. The real issues are not poor product quality or insufficient team strength, but rather the lack of transparency in its token economic model, financial situation, and market maker collaborations.If Lighter can fully disclose the flow of profits, clarify the decision-making mechanisms for buybacks and development investments, and clearly present the incentive structure, then LIT could very well become a hassle-free asset and investment target like HYPE.

According to DL News, a proposal requiring the Optimism Foundation to use 50% of its Superchain network revenue each month to buy back OP governance tokens has opened for voting on Thursday. There are divisions within the DAO community regarding this. Opponents argue that using hard assets for buybacks is an inefficient use of capital, especially when the foundation still needs to net sell OP through grants and other means. Another major point of contention is that the buyback will be executed through over-the-counter transactions, which will not directly affect the public market price, and some representatives are concerned it may become a channel for insiders to unlock tokens.Supporters, on the other hand, believe that the buyback mechanism can clearly convey the value of network growth to the market and is the "right direction." As of now, the voting shows overwhelming support, with over 3.8 million votes in favor and about 19,000 votes against. Voting will end on January 28.

Sky has removed the Spark (SPK) token rewards for staking SKY tokens. The Sky official account posted on X that this move will reduce SPK emissions by approximately 30%. Combined with the proposed updates to the Spark buyback parameters, these adjustments are expected to reduce SPK net emissions by 40%.Based on current net income and SPK prices, this amounts to a reduction of approximately $23 million in emissions over the next 12 months.

Celo announced on platform X that the Celo Foundation and cLabs have officially merged into a unified core contribution organization, temporarily named Celo Core Co.This reorganization aims to accelerate the delivery and speed of the Celo platform by 2026 and enhance alignment with market demand. At the same time, the official statement mentions that details regarding the upgrade of CELO token economics (including potential buyback and burn mechanisms) will be released soon.

According to official news, Magic Eden announced that starting from February 1, it will directly invest 15% of its revenue into the ME token ecosystem. This portion of revenue will be evenly distributed, with 50% used to buy back ME tokens on the open market and 50% distributed to ME stakers in the form of USDC based on staking weight.The original "market transaction fee only" ME buyback mechanism will be upgraded to a revenue distribution system covering the entire ecosystem. Staking weight depends on the amount staked and the duration of staking. USDC rewards can be claimed monthly, with the first claim (corresponding to the February activity) opening in March. Rewards must be claimed within 90 days.

According to PRNewswire, the dYdX Foundation has released the 2025 dYdX Ecosystem Annual Report, which outlines the protocol activity, development, governance execution, and ecosystem growth of the ecosystem. The report shows that its historical cumulative trading volume has surpassed $1.55 trillion, with a trading volume of $34.3 billion in the fourth quarter of 2025, marking the highest quarterly volume of the year, while the trading volume in the second quarter was approximately $16 billion.In terms of product expansion, dYdX has launched Solana native spot trading and, with governance approval, has expanded the buyback scale to 75% of the protocol's net revenue. In execution, distribution, and governance, dYdX continues to focus on building a lasting foundation to support ongoing participation and long-term development as on-chain derivatives continue to grow and mature.

According to official news, JustLend DAO has officially completed the second JST token buyback and burn today, with a total of 525 million JST burned, valued at approximately 21 million USD. The tokens have been transferred to a black hole address. The funds for this burn come from the protocol's net income for the fourth quarter of 2025 and previous retained earnings. As of January 15, 2026, the total number of JST tokens burned has reached 1,084,890,753, accounting for 10.96% of the total supply. JustLend DAO will continue to execute buybacks and burns quarterly and will regularly provide transparent updates to the community to jointly promote value empowerment.

On-chain data shows that Lighter has begun to use the fees generated by the protocol to buy back its token LIT. Information from the Lighter treasury account indicates that it has accumulated and holds approximately 180,493 LIT as of now, valued at about 540,000 USD based on the current price.

UXLINK posted on platform X that, following the completion of the official buyback, its CEO RollandSaf (@RollandSaf) has executed a personal buyback of 1% of the tokens and locked them into strategic reserves. Currently, both the official buyback in December and the CEO's personal buyback have been completed.

The founder of Solana, toly, responded to Jupiter's co-founder on the X platform regarding the question of "whether to continue token buybacks or provide growth incentives for existing users." He stated: "Capital formation itself is very difficult; traditional finance usually takes more than 10 years to truly complete capital accumulation. Compared to buybacks, I believe a more reasonable path is to replicate this long-term capital structure.In the crypto industry, the mechanism closest to this is actually staking. Participants willing to hold long-term will, by design, dilute those who are not willing to hold long-term. The protocol can accumulate profits as future protocol assets that can be claimed by tokens, allowing users to lock up and stake for a year to earn token rewards. As the protocol's balance sheet continues to expand, those who choose long-term staking will gain a larger share of actual equity. The equity itself is linked to the protocol's future profits, which will continue to grow with future earnings."