Jack Dorsey’s Block to join S&P 500, stock surges 9% after-hours
Block’s inclusion in the S&P 500 comes just two months after crypto exchange Coinbase made history as the first cryptocurrency firm to join the index.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Block’s inclusion in the S&P 500 comes just two months after crypto exchange Coinbase made history as the first cryptocurrency firm to join the index.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Kevin O’Leary is buying crypto again, says major stock exchange adoption is the ‘watershed moment’ to watch
Kevin O'Leary says he is buying crypto again and watching for a major stock exchange to adopt a blockchain network.
Coinbase tokenized stocks make up 7% of Base blockchain DEX activity
The integration of tokenized stocks into DeFi could accelerate Base's ecosystem growth and influence future token offerings and ma...
US Department of Justice considers joining Texas antitrust case against BlackRock and State Street
The DOJ's involvement signals a potential shift in antitrust enforcement, possibly reshaping institutional investor strategies and...
Bitcoin Price Surges Over $81,000 Despite Clarity Act Fail and Interest Rate Hike
Bitcoin Magazine Bitcoin Price Surges Over $81,000 Despite Clarity Act Fail and Interest Rate Hike Bitcoin’s price on Friday shot...
The Smarter Web Company surges 36% on Bitcoin-backed stock plans
Smarter Web's Bitcoin-backed shares could set a precedent for innovative financial instruments, influencing market strategies and...
Real stocks are finally coming on blockchain. Here’s how the SEC wants it to work
The SEC is giving tokenized stocks a regulated U.S. pathway, while keeping trading volumes, access and issuer rights tightly contr...