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Coinbase to Join S&P 500, Signaling Crypto's Mainstream Integration
Coinbase Global Inc. (NASDAQ: COIN) is set to be added to the S&P 500 index on May 19, replacing Discover Financial Services, which is being acquired by Capital One Financial. The announcement led to a significant surge in Coinbase's stock, with shares rising over 9% in after-hours trading. This inclusion marks a historic moment, as Coinbase becomes the first cryptocurrency-focused company to join the prestigious index, highlighting the growing acceptance of digital assets in
May 131 min read
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