Coinbase Set For S&P 500 Debut, Shares Surge as Crypto Enters Mainstream

Coinbase Global is set to make history next week as it becomes the first-ever crypto company to join the S&P 500. Replacing Discover Financial Services on May 19th, this milestone signifies a significant shift in how mainstream markets view the cryptocurrency industry. The firm’s inclusion in the benchmark index will open doors for increased investor participation and exposure, driving broader adoption of cryptocurrencies.