The wait is over: Coinbase is finally joining the S&P 500 index

Dow Jones

May 13

MW The wait is over: Coinbase is finally joining the S&P 500 index

By Claudia Assis

Coinbase to join next Monday

Coinbase Global Inc. is joining the S&P 500 index next Monday, S&P Dow Jones Indices announced late Monday.

Coinbase shares $(COIN)$ rocketed more than 7% in the extended session.

The crypto company will replace Discover Finance, which $Capital One Financial Corp(COF-N)$. $(COF)$ is acquiring in a deal that is closing soon.

This is a developing story and it will be updated.

-Claudia Assis

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 12, 2025 17:33 ET (21:33 GMT)

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