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Coinbase Global To Replace Discover Financial Services In S&P 500

May 12, 2025 — 11:13 pm EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - S&P Dow Jones Indices, a division of S&P Global (SPGI), announced that Coinbase Global Inc. (COIN) will replace Discover Financial Services (DFS) in the S&P 500 effective prior to the opening of trading on Monday, May 19.

S&P 500 constituent Capital One Financial Corp. (COF) is acquiring Discover Financial Services in a deal expected to be completed soon, pending final closing conditions.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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