July 14, 2025 — The Czech National Bank has added Coinbase to its US equity portfolio and increased its holdings in Palantir Technologies, signaling a growing interest in both crypto and AI sectors.
Key Takeaways
- The Czech National Bank acquired 51,732 Coinbase shares worth $18 million.
- It also increased its Palantir stake by 49,135 shares, now totaling 519,950.
- Palantir stock is up 80% year-to-date, driven by AI demand.
- Coinbase recently joined the S&P 500 and saw a 60% share price jump over the last month.
Czech Bank’s Portfolio Shifts Toward Innovation
In its latest 13F filing with the U.S. SEC, the Czech National Bank revealed strategic investments in Palantir and Coinbase. The new Coinbase stake, worth over $18 million, reflects growing institutional confidence in crypto companies. The move aligns with global trends of central banks and sovereign funds experimenting with digital asset exposure.
Meanwhile, the central bank’s added investment in Palantir signals strong conviction in the AI-driven data analytics firm. Palantir’s 80% stock rally this year has outpaced the broader S&P 500 by a wide margin.
Coinbase Gains Institutional Momentum
Coinbase’s inclusion in the S&P 500 earlier this year marked a major milestone for the crypto industry. The company’s share price surged by 60% over the past month, despite a 10% revenue dip in Q1. The $66 million net income was impacted by a $596 million unrealized crypto loss, yet earnings per share beat expectations at $1.94.
Coinbase also saw a decline in transaction volume, which dropped 10.5% to $393 billion. Trading activity was affected by market-wide slowdowns and tariffs introduced under the Trump administration.
Expansion Through Acquisitions
To diversify and strengthen its offerings, Coinbase has made key acquisitions in recent months.
- May 2025: Coinbase agrees to acquire Deribit for $2.9 billion, expanding its derivatives reach.
- July 2025: Coinbase acquires Liquifi to support early-stage tokenization and improve compliance tools for creators.
These moves position Coinbase as a long-term infrastructure player in both centralized and decentralized finance.
Amplifier: Global Central Banks Eye Crypto Exposure
The Czech National Bank isn’t alone in tapping into crypto equities.
- In Q1 2025, Norway’s wealth fund increased its Coinbase exposure by 18%.
- Singapore’s GIC reportedly holds indirect stakes in major US-listed crypto firms.
- Japan’s SBI Holdings has launched Bitcoin ETFs and continues to back tokenization.
These developments signal growing institutional alignment with blockchain infrastructure, despite ongoing regulatory hurdles in the US and Europe.
