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Cryptocurrencies and Stock Market: Coinbase Shares Enter the Famous S&P 500
As Brian Armstrong's crypto platform establishes itself as a US Web3 giant, Coinbase has no intention of stopping there. On May 12, 2025, news shook the financial world: Coinbase, the cryptocurrency exchange, will join the S&P 500 on May 19, replacing Discover Financial Services, which was acquired by Capital One. This is a first for a purely crypto company and a powerful symbol of the integration of digital assets into traditional finance. The details.
Key points from this article:
1. Coinbase made a historic entry into the S&P 500 on May 19, 2025, replacing Discover Financial Services.
2. This inclusion signals a major recognition of the crypto industry by traditional finance, creating a positive shock in the market.
#ElonMusk.
