Coinbase to Join S&P 500

Crypto exchange operator Coinbase Global will join the S&P 500, replacing Discover Financial Services in the broad market index. Shares of Coinbase jumped more than 9% in after-hours trading. Coinbase …

Major news sends Coinbase stock rallying

Coinbase (Nasdaq: COIN) has agreed to acquire Deribit for roughly $2.9 billion, The Wall Street Journal reported on May 8. The deal would mark the largest acquisition in the history of the crypto …

Coinbase Buys Deribit for $2.9B

The deal with Deribit includes $700 million in cash and 11 million shares of Coinbase Class A common stock, according to the companies, making it one of the largest deals in the i …