Coinbase is the first crypto company to be in S&P 500.

Following the announcement, Coinbase's stock surged over 9% in after-hours trading.

What does it mean for web3 companies and users?
1. Strong signals that regulators and institutions are opening up to crypto.
2. Web3 awareness will keep growing. On track for 1 billion crypto users by 2030.
3. Other web3 companies have a path not only to IPO but be a blue chip.

We know crypto exchange can be a blue chip now. What's next 👀 ?