S&P 500 Adds Coinbase, Shares up 8%
Summary
Coinbase is set to join the S&P 500 on May 19th, replacing Discover Financial Services, a move that spurred an 8% share price increase and marks a significant milestone…
Browsing Tag
s&p
A new bill could cause an upsurge of investment in stablecoins from banks, says S&P global
In a recent Senate bill, S&P Global Ratings cites the Lummis-Gillibrand Payment Stablecoin Act as a possible catalyst for large financial institutions to enter the stablecoin industry.
…
S&P upgrades Compound Treasury’s credit rating
With its B- rating from S&P, Compound Treasury is one of the first offers in decentralised finance to obtain this grade from a major rating agency.
Investors may get a sense of how…
Wallets