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Coinbase Joins S&P 500

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Coinbase exchange has announced their stock COIN will join the Standard and Poor’s index (S&P 500), a stock market index tracking the stock performance of 500 leading companies listed on stock exchanges in the United States.

Coinbase CEO, Brian Armstrong, states on X, “Coinbase just became the first and only crypto company to join the S&P 500. This milestone represents what the true believers, from retail investors to institutional investors to our employees and partners, knew all along. Crypto is here to stay.”

Coinbase joining the S&P 500 signals another step in the worldwide adoption of Bitcoin and cryptocurrencies.

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