Coinbase to Become First Crypto Company in the S&P 500 Index

U.S.-based crypto exchange Coinbase Global has been officially added to the S&P 500 index, replacing Discover Financial Services, which is being acquired by Capital One. This makes Coinbase the first crypto-native company to enter the prestigious equity benchmark, marking a significant moment for crypto’s integration into traditional finance. 

“Coinbase’s inclusion in the S&P 500 is proof of the growing legitimacy of crypto in the traditional financial system,” PassimPay analysts say.

The main points…

• Coinbase is now the first crypto firm in the S&P 500.
• After the announcement, its stock jumped 15%.
• Growing institutional interest in crypto assets supports the change

This move signals a broad acceptance of crypto firms within regulated markets. The demand for fast, secure, and transparent payment solutions continues to grow — platforms that help bridge these needs are gaining relevance.

What does it mean for businesses

Businesses are increasingly being pushed to align with new financial realities. As institutional adoption grows, integrating crypto payments becomes a strategic move. Consider PassimPay in this shift and start being a part of a broad crypto movement.