Coinbase Smashes Wall Street Barrier: First Crypto Firm Joins S&P 500 Club
Wall Street’s old guard just got a blockchain injection. Coinbase—the crypto exchange that survived the 2022 nuclear winter—just bulldozed its way into the S&P 500 index. Take that, boomer finance.
The inclusion marks a watershed moment: digital assets aren’t just knocking on traditional finance’s door anymore. They’ve picked the lock, disabled the alarm, and are raiding the fridge.
Analysts call it validation. Skeptics call it surrender. Either way, the suits finally admit what retail traders knew years ago—crypto’s not going anywhere. Even if half these S&P execs still think Bitcoin runs on hamster wheels.