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Crypto exchange Coinbase Global (COIN) is set to join the Standard and Poor’s 500 (S&P 500) on May 19, becoming the first and currently only crypto firm to make it into the index. The crypto exchange will replace Discover Financial Services (DFS), which was recently acquired by Capital One Financial…
By Claudia AssisCoinbase Global Inc. is joining the S&P 500 index on May 19, S&P Dow Jones Indices announced late Monday.Coinbase shares (COIN) rocketed about 11% higher in the extended session after ending the regular trading day up 4%.A place in the S&P 500 index is a coveted spot for companies. I…