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flag Coinbase's stock jumped 9.01% as it prepares to join the S&P 500, despite financial setbacks.

flag Coinbase's stock surged 9.01% to $266.46 on Friday, ahead of its inclusion in the S&P 500 index. flag Despite a 94% drop in net income in Q1 2025 and a recent data hack costing up to $400 million, the company's revenues rose 23.4% to $1.96 billion. flag Coinbase's addition to the S&P 500 marks a significant milestone for cryptocurrencies in mainstream finance.

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