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WhiteBIT’s Saudi Partnership Lifts WBT to Record High, Holding Near $60

The pact centers on building digital-finance infrastructure under a joint-venture plan.

Overview

  • WhiteBIT signed a cooperation agreement with Durrah AlFodah, represented by Prince Naif bin Abdullah bin Saud bin Abdulaziz Al Saud.
  • The roadmap targets stock-market tokenization, CBDC framework guidance, and national data computing and mining centers aligned with Saudi Vision 2030.
  • Under the agreement, WhiteBIT will provide technology and infrastructure design while Durrah AlFodah facilitates market entry, regulatory engagement, and partnerships.
  • WBT jumped over 20% to an intraday all-time high of $62.96 on Nov. 18 before consolidating around the $60–$61 range.
  • At recent prices, WBT ranks 13th with a market value above $12.9 billion, and the article’s technical analysis points to possible gains toward $70–$80 with an invalidation level near $51.5.