Coinbase (NASDAQ: COIN) officially joined the S&P 500 on May 19, marking a major milestone for the largest U.S.-based crypto exchange. While index inclusion is often seen as a bullish catalyst, the stock's fundamentals remain unchanged — and in my view, don’t justify a $300 valuation in the near term. S&P 500 Inclusion: Symbolic, Not Transformational Coinbase’s entry into the S&P 500 reflects market cap and liquidity criteria — not necessarily financial health or business durability. The move might trigger buying from index funds, which may help support short-term price action. But for long-term investors, this may be largely a technical event, not a reason to reevaluate the company’s value. Current Stock Snapshot Current price: About $262.9 52-Week Range: $142.58 – $
Is Coinbase Undervalued Given Circle's Rally?
Coinbase revealed that the company is seeking approval from SEC to launch a “tokenized stock” service. Tokenized stocks are digital assets backed by equity in publicly traded companies. Instead of holding traditional securities, investors own tokens that represent ownership of those securities. The stock jumps 16% and hits $299. Is securities tokenization next big trend in the stock market? Would you invest in stablecoin tokens? Can Coinbase surpass its previous high of $350?
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