Czech Central Bank Expands US Portfolio with Coinbase and Palantir Investments
Major institutional shift as Czech National Bank adds crypto exposure and boosts AI holdings
The Czech National Bank (CNB) has taken a bold step into the crypto world by adding Coinbase Global to its U.S. equities portfolio, according to a recent SEC 13F filing. The central bank acquired 51,732 shares of the crypto exchange, valued at over $18 million. In the same quarter, it also boosted its stake in data analytics firm Palantir Technologies, adding 49,135 shares to bring its total to 519,950.
This move comes amid a surge in Palantir’s stock, which jumped 80% in the first half of 2025, outperforming the broader S&P 500. Investor confidence has grown around Palantir’s expanding role in artificial intelligence and solid earnings performance.
Coinbase, now the first crypto-focused company to join the S&P 500, saw its stock climb 41% in the first half of the year, with another 10% rally in the following weeks. Shares are up about 60% over the past month alone. Despite strong price momentum, the company reported a 10% drop in Q1 revenue to $2 billion, while net income fell 95% to $66 million—mostly due to a $596 million unrealized loss on crypto holdings. Trading volume also dipped, impacted by broader market slowdowns and policy headwinds under the Trump administration.
Still, Coinbase beat earnings expectations with $1.94 earnings per share and continues expanding aggressively. In May, it announced a $2.9 billion acquisition of crypto options trading platform Deribit. Earlier this month, it also acquired Liquifi, a token management startup focused on early-stage tokenized assets—strengthening its infrastructure for tokenization and compliance.
With these latest moves, the Czech central bank is signaling a clear interest in both crypto and AI-driven innovation.
