Coinbase makes history with S&P 500 induction, reinforcing crypto’s arrival in mainstream finance
Coinbase has become the first and only crypto company to be added to the S&P 500, marking a historic milestone for both the digital asset sector and traditional financial markets.
Coinbase CEO Brian Armstrong confirmed the announcement on social media, declaring the company’s inclusion a validation of the industry’s staying power.
Armstrong wrote:
“Crypto is here to stay.”
Founded in 2012, Coinbase went public in 2021 through a direct listing on Nasdaq and has since grown into the largest US-based crypto exchange.
Despite regulatory challenges and market volatility, the firm has emerged as a symbol of crypto’s maturation and resilience, now earning a place among America’s 500 most valuable publicly traded companies.
The S&P 500…
