Coinbase has officially become the first cryptocurrency company included in the prestigious S&amp;P 500 index. Announced on May 12, the move marks a key moment, showing rising Wall Street acceptance of crypto companies.
The inclusion follows Coinbase&#8217;s strong financial performance and sustained market relevance since going public in 2021. With over 100 million users and billions in trading volume, Coinbase has proven its staying power in a volatile industry.
S&amp;P Dow Jones Indices stated that Coinbase will join the index later this month, replacing a company that no longer meets criteria. As a result, institutional investors who track the S&amp;P 500 will now hold Coinbase shares.
Moreover, shares of Coinbase (COIN) jumped 8.8% in after-hours trading after the announcement, according to Google Finance data.
Coinbase&#8217;s entry into the S&amp;P 500 represents a breakthrough moment for the broader crypto ecosystem. It shows that major financial institutions are taking crypto seriously and are willing to integrate digital assets into traditional finance frameworks.
<h2>Positive Effects on iGaming and Crypto Casinos</h2>
This historic inclusion benefits the iGaming sector, especially <a href="/best-online-casinos/crypto/">crypto casinos</a>, which rely on blockchain technologies and digital currencies for gaming transactions. As established crypto companies like Coinbase gain credibility, it builds trust in the underlying technologies that power crypto casinos.
Moreover, recognition by the S&amp;P boosts investor confidence in blockchain-based platforms. This may lead to more secure, transparent, and regulated crypto casino environments. Players and operators alike can benefit from increased legitimacy and investor-driven innovation.
With growing mainstream adoption, crypto casinos are positioned to expand responsibly. Regulatory clarity and institutional support often follow such high-profile recognitions, which help stabilize the market and reduce risk.
In turn, iGaming platforms that incorporate crypto features could attract more users seeking speed, privacy, and modern payment solutions. It&#8217;s possible that soon, the majority of the <a href="/best-online-casinos/">best online casinos</a> will allow crypto.
Coinbase&#8217;s S&amp;P 500 listing not only validates the crypto industry&#8217;s long-term potential but also strengthens its role in related sectors. From financial markets to online gaming, the ripple effects are just beginning to unfold.

Coinbase becomes first crypto company to be included in S&P 500

Coinbase Becomes First Crypto Company Included in S&P 500

Louisiana Rules Sports Prediction Markets Illegal

Michael Moskowitz Exits as NorthStar Gaming CEO

NFL Avoids Prediction Markets to Protect Brand Integrity

BetMakers Advances LVDC Deal to Boost U.S. Expansion

Georgia Senate Pushes to Legalize Online Sports Betting

Coinbase Becomes First Crypto Company Included in S&P 500

Jonathan Rodriguez

More Industry News

Louisiana Rules Sports Prediction Markets Illegal

Michael Moskowitz Exits as NorthStar Gaming CEO

NFL Avoids Prediction Markets to Protect Brand Integrity

BetMakers Advances LVDC Deal to Boost U.S. Expansion

Georgia Senate Pushes to Legalize Online Sports Betting