Shares of Coinbase rose sharply Tuesday on news that it would be included in the benchmark S&P 500 this month.

S&P 500 index on May 19, S&P Dow Jones Indices announced late Monday. Coinbase shares COIN rallied nearly 20% on Tuesday. The inclusion is a “watershed” moment for the crypto exchange and the industry,

Coinbase Global Inc., the largest US cryptocurrency exchange, will be added to the S&P 500 Index in the latest milestone for the booming digital-asset industry.

Robinhood Markets Inc. agreed to acquire WonderFi Technologies Inc., the operator of two Canadian cryptocurrency platforms, for about C$250 million ($179 million) in cash. The fintech will purchase all of WonderFi’s issued and outstanding common shares for 36 Canadian cents apiece,

Robinhood said on Tuesday it will buy Canadian crypto firm WonderFi for C$250 million ($178.98 million), as the popular commission-free brokerage looks to expand its international footprint.

Robinhood agreed to acquire WonderFi, Canada's leading crypto platform. The deal for $180M will increase Robinhood's footprint on the growing Canadian crypto market.