WhiteBIT Coin (WBT) Gains Major Exchange Listing on Kraken, Cementing Market Position

14 hour ago 2 sources positive

Key takeaways:

  • Kraken listing signals institutional validation, potentially driving further WBT price appreciation beyond its 160% YTD surge.
  • Strategic global partnerships and S&P inclusion suggest WBT is transitioning from exchange token to broader financial infrastructure play.
  • Watch for increased volatility as retail investors chase momentum following major exchange listing and all-time highs.

The native token of the WhiteBIT exchange, WhiteBIT Coin (WBT), has been officially listed on the Kraken cryptocurrency exchange. Trading is now available via WBT/EUR and WBT/USD pairs, significantly broadening global access to the asset. This listing is positioned as a key milestone for WhiteBIT, reflecting the token's rising institutional and market recognition.

The announcement follows a period of explosive growth for WBT in 2025, during which its price surged by 160% to reach an all-time high of $64.11. According to data from CoinGecko, this performance solidified WBT as the 11th-largest cryptocurrency by market capitalization, valued at $10.7 billion.

Volodymyr Nosov, Founder and President of W Group (WhiteBIT's parent company), stated, "Listing WBT on Kraken represents a logical next step in the expansion of the WhiteBIT ecosystem. It reflects the momentum we’ve built through ecosystem growth, strategic partnerships, and increasing institutional visibility. It’s another important endorsement of WBT’s value and its role in the future of digital finance."

The reported momentum is attributed to several strategic initiatives by the W Group ecosystem, including a high-profile partnership with Italian football club Juventus, making WhiteBIT the club's Official Sleeve and Cryptocurrency Exchange Partner. The group has also expanded operations into South America and the United States and entered into strategic cooperation in the Middle East, including a partnership with Saudi Arabia to develop blockchain infrastructure and a Central Bank Digital Currency (CBDC) framework.

Further institutional validation came with WBT's inclusion in the S&P Crypto Indices, a move that underscores the token's growing liquidity and relevance in traditional financial metrics.

Launched in 2022, WBT serves as the utility token for the WhiteBIT platform, offering users benefits such as reduced trading fees (up to 100% discount), increased referral bonuses, free daily withdrawals, free AML checks, staking rewards of up to 22.1%, and exclusive access to new projects via the WhiteBIT Launchpad.

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