Altcoin WBT Surges 20% After Partnership in Saudi Arabia

WhiteBIT Collaborates with Saudi Firm

WhiteBIT's token, WBT, surged 20% following a strategic partnership announcement.
The agreement with Durrah AlFodah Holding aims to advance blockchain tech in Saudi Arabia as part of the Vision 2030 program.
Key projects include stock market tokenization, CBDC guidance, and data center creation.
WhiteBIT will provide tech expertise; Durrah AlFodah will handle regulatory and market entry aspects.
This move is part of WhiteBIT's global expansion, including recent entries into Argentina and Brazil.

WBT Token Performance

WBT reached a new ATH of $62.96, later stabilizing between $60-$61.
The token has outperformed amidst broader market volatility, contrasting with other cryptocurrencies' lows.
Currently ranks 13th by market capitalization, being the only top-20 cryptocurrency with double-digit gains recently.
As of now, WBT trades at $60.62, marking a 9.8% weekly increase.

altcoin, whiteBIT, WBT, WBTUSDT