Block & Coinbase in S&P 500: is this the Rise of Crypto?
Coinbase made headlines when it became the first cryptocurrency firm to be admitted to the prestigious S&P 500 club in May. It has recently been joined by Bitcoin payment services provider Block, which joined on July 23.
Today Disruption Banking takes a look at how digital currency companies are muscling in on territory conventionally held by older industrial and financial players.
Discover This! Crypto is In
On May 19, Coinbase edged out Discover Financial Services, taking its spot on the Standard & Poors index of 500 leading companies listed on US stock exchanges like NASDAQ and NYSE.
In case you’re new to these waters, this is a big deal: along with the Dow Jones Industrial Average, the S&P 500 is considered a…
