WhiteBIT’s native crypto coin WBT has been added to S&P Dow Jones crypto indices after meeting institutional standards set by the US stock and crypto market tracker, joining exchanges Coinbase and Robinhood. In a post on X, WhiteBIT CEO Volodymyr Nosov announced on Wednesday that WBT is featured in five S&P Dow Jones benchmark families used by global investors to track the digital asset market. According to Nosov, WBT has been added to the S&P Cryptocurrency Broad Digital Asset Index, the Cryptocurrency Financials Index, the Cryptocurrency LargeCap Ex-MegaCap Index, and the Cryptocurrency LargeCap Index. “Our token has been officially included in five S&P Dow Jones crypto indices, one of the most respected index providers in global finance, recognising WBT as an asset that meets their standards of quality, liquidity, transparency, and market depth,” Nosov wrote. WhiteBIT exchange added to S&P indices after meeting requirements The S&P BDM Index, which sits among the provider’s most referenced benchmarks, follows leading digital assets with a clear market structure. The methodology almost mirrors the approach used for equity index S&P 500. Nosov described the index additions as a landmark development for the company and its broader ecosystem, following its introduction to the US market at the start of December. “Being recognized by S&P DJI signals that crypto infrastructure from our region has reached global institutional standards. This is a turning point not only for our company but also for the evolution of compliant crypto services worldwide,” he told Cryptopolitan. The decision by S&P DJI comes hand-in-hand with a period of stable performance for WBT, which reached a record high of $65.30 on November 18, a sturdy performance in the midst of a crypto winter dragging down prices of most altcoins. According to CoinMarketCap’s updates at the time of this reporting, WBT is trading below its ATH at $62.14, but it is still above short-term and medium-term moving averages. The token’s seven-day simple moving average (SMA) is at $58.96, while the 30-day SMA sits at $55.89, both psychological support levels for the exchange’s native coin. If the S&P DJI inclusion news is the reason for the 0.55% 24-hour price uptrend, some short-term traders may consider profit-taking as the asset approaches resistance near $61.77. Even so, the coin has gained over 41% in the past sixty days after a decisive move took it to $65.3, which was the November swing high. WhiteBIT celebrates expansion to the US and Latin America Cryptopolitan reported earlier this week that the exchange launched operations in the US after securing the necessary licenses. According to CEO Nosov, the exchange is looking to cover at least 50 states while setting up its regional headquarters in New York. In early November, WhiteBIT extended its business-to-business and business-to-consumer services across Argentina and Brazil. Argentina’s pro-crypto policies and the use of stablecoins as a hedge against stubborn inflation rates invited the exchange, which promised to expand access to digital assets for individuals and companies. In Brazil, the exchange established a dedicated branch in preparation for a formal launch once the country’s upcoming VASP regulatory framework takes effect later this year. Chainalysis recognizes Brazil as one of the leading jurisdictions in Latin America for digital-asset transactions and enterprise-level blockchain adoption. Latin America is one of the most dynamic regions in the world when it comes to crypto adoption. Securing our license in Argentina and preparing our launch in Brazil are key milestones in our mission to drive the global adoption of cryptocurrencies by offering reliable, transparent, and innovative digital assets solutions for users. WhiteBIT CEO Volodymyr Nosov. Alongside widening its footprint in the West, WhiteBIT is celebrating its seventh year in operation in 2025 under W Group, with over 35 million users around the world. W Group is running a global crypto education campaign to help new investors understand and trust in digital currencies, which will include educational videos displayed on screens in Times Square during its United States market debut week. Join Bybit now and claim a $50 bonus in minutes
