Coinbase makes history as it prepares to become the first crypto company to have its stock, COIN, included in the S&P 500 stock index. 

According to a press release, Coinbase will join the S&P 500 stock index starting May 19, 2025. The move comes after S&P Global announced plans to remove Discover Financial Services (DFS) from the index following its acquisition by Capital One Financial Corp. Capital One’s stock, COH, is also part of the S&P 500. 

Following the move, Coinbase will replace DFS in the S&P 500 index beginning Monday, May 19, 2025. 

S&P 500 Weightings 

The index tracks the performance of stocks of the 500 largest publicly traded U.S. companies by market capitalization. 

The index features stocks of top companies such…