Coinbase Set for S&P 500 Inclusion, Stock Soars

Coinbase’s long-awaited entry into the prestigious S&P 500 index has sent ripples through both financial markets and the cryptocurrency community. Shares surged over 8% after-hours trading following the announcement, signifying a significant step toward mainstream adoption for cryptocurrencies. This momentous inclusion not only boosts Coinbase’s stock market status but also signals a wider acceptance of digital assets in traditional finance.