Financial Times Cites Allium on a Record $640M in Crypto Token Buybacks
The Financial Times used Allium Labs data to report that digital asset groups bought back a record ~$640M of their own tokens in 2026, and quoted Allium's head of research.
The Financial Times cited Allium Labs data in its August 31, 2026 report on the growing trend of crypto token buybacks, written by Nikou Asgari.
What the FT reported
Digital asset groups spent almost $640mn buying back their own tokens so far in 2026, according to figures from Allium Labs. The FT frames the move as a strategy borrowed from equity markets, where companies repurchase shares to support prices, now being applied by crypto projects to prop up their tokens during a market downturn.
Why it matters
Token buybacks are hard to measure because they play out on-chain across many networks and protocols. Allium's data made the scale of the 2026 trend legible enough for a top-tier financial outlet to build a story around it, and Allium's head of research was quoted on the market dynamics driving it. Both signal that Allium is used as a reference for crypto market data by the institutions covering it.
On the record
There is an “optic incentive” for crypto groups to do buybacks to show confidence in their tokens, said Elton Shehdula, head of research at Allium Labs.
Source
Nikou Asgari (2026). Crypto groups spend record $640mn buying back their own tokens. Financial Times.
Read the full article (paywalled): ft.com/content/b3e84c50-c761-4179-beac-68641e61207e
