05:50 AM EDT, 05/13/2025 (MT Newswires) -- Coinbase Global ( COIN ) will replace Discover Financial Services ( DFS ) in the S&P 500, effective before market open May 19, S&P Global (SPGI) division S&P Dow Jones Indices said late Monday.
Discover Financial is set to be acquired by Capital One Financial ( COF ) in a deal expected to be completed soon, S&P Dow Jones said.
Coinbase shares were up 9.8% in recent premarket activity Tuesday.