Coinbase Stock Jumps 24%. It’s Joining the S&P 500 in Crypto Milestone.
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The cryptocurrency exchange Coinbase Global Coinbase Global will join the benchmark index on May 19, marking an important milestone for the crypto sector. Coinbase is one of the largest companies based on market value not currently part of the index. It is a “watershed moment” for both Coinbase and the crypto industry as a whole, Oppenheimer analysts led by Owen Lau said Tuesday.
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