WhiteBIT, a European exchange, has announced that its native token, WBT, has been included in the S&P Cryptocurrency Broad Digital Market (BDM) Index, a significant achievement for both the platform and the crypto sector in Central and Eastern Europe. This index tracks crypto assets that meet stringent institutional standards, including liquidity and transparency. CEO Volodymyr Nosov emphasized that this recognition by S&P Dow Jones Indices signifies that the region's crypto infrastructure has reached global standards. WBT was also added to four other S&P digital-asset indices, reflecting the industry's maturation and the growing importance of exchanges. The inclusion follows a strong performance from WBT, which surged nearly 50% over the past three months, reaching an all-time high of $62.96. WhiteBIT is also expanding into South America and has partnered with Durrah AlFodah Holding to enhance blockchain development in Saudi Arabia. This inclusion positions WBT as a key player in institutional investment strategies.
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