Summary
- Block Inc. will be included in the S&P 500 index starting July 23.
- This action replaces the vacancy created by Hess Corp.'s acquisition with Block.
- Block recently integrated Bitcoin payment functionality into its payment terminal, Square.
Block Inc., the fintech company led by Jack Dorsey, is reportedly set to be included in the S&P 500 index.
According to Bloomberg on the 19th (local time), Block will be added to the S&P 500 index starting July 23. This action fills the vacancy created by the acquisition of Hess Corp. by Chevron.
Meanwhile, Jack Dorsey is known as a longtime supporter of Bitcoin, and Block has recently integrated Bitcoin payment functionality into its Square payment terminals.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
