Coinbase Global to become first crypto exchange to join S&P 500 index
The US-based cryptocurrency exchange, Coinbase Global, is all set to join Wall Street's benchmark S&P 500 Index today, Monday, May 19, 2025. This inclusion marks the first time a digital asset company will be included in the benchmark index.
The S&P 500 is a market-capitalisation-weighted index that tracks 500 leading publicly traded companies in the US. With the inclusion, Coinbase will replace Discover Financial Services in the S&P 500.
