Block Inc. , the fintech company founded by Twitter co-creator Jack Dorsey, is set to join the prestigious S&P 500 index on July 23. The announcement, confirmed by S&P Dow Jones Indices on July 18, reveals that Block will replace Hess Corporation, which was recently acquired by Chevron. Block Becomes Second Crypto-Aligned Firm in S&P 500 After Coinbase Originally launched as Square in 2009, Block began as a payment services provider before investing in Bitcoin infrastructure
source: https://beincrypto.com/jack-dorseys-block-earns-sp-500-milestone/