Block Inc. Joins S&P 500, Fueling Crypto’s Mainstream Rise
Jack Dorsey's Block Inc., the fintech firm behind Cash App and Square, is set to join the S&P 500 index in a landmark moment for cryptocurrency's institutional adoption. The inclusion signals growing recognition of digital assets by traditional finance.
Block's integration into the benchmark index follows its deepening crypto initiatives, including Bitcoin-focused hardware wallets and open-source mining projects. This move coincides with accelerating institutional interest in blockchain infrastructure and asset tokenization.