A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration
(Reuters) - Coinbase Global's shares jumped nearly 15% on Tuesday after the cryptocurrency exchange became the first digital asset player to be included in the benchmark S&P 500 index.
It will replace credit card issuer Discover Financial, which is being acquired by Capital One. The move will be effective before trading begins on May 19.
