Coinbase Joins S&P 500 Amid Data Breach Fallout

On May 19, 2025, Coinbase Global Inc. (NASDAQ: COIN) was officially added to the S&P 500, replacing Discover Financial Services following its acquisition by Capital One Financial. This milestone marks the first time a crypto-native company has met the index’s strict profitability, liquidity, and market capitalization standards — a signal of in...