Coinbase joins S&P 500, signaling growing mainstream acceptance of cryptocurrencies.

Coinbase, the leading U.S. cryptocurrency exchange, will join the S&P 500 index next week, marking a significant milestone for the crypto industry. This inclusion replaces Discover Financial Services and could attract more institutional investors to Coinbase, potentially increasing the company's stock value. Coinbase's addition to the S&P 500 signifies growing mainstream acceptance of digital assets as legitimate investments.