Czech National Bank backs tech and crypto with new Coinbase and Palantir stakes
ČNB invests in crypto and AI firms
The Czech National Bank (ČNB) has made strategic moves into the technology and cryptocurrency sectors, significantly adjusting its U.S. investment portfolio in the second quarter of 2025. According to a recent 13F filing with the U.S. Securities and Exchange Commission (SEC), the central bank increased its investment in data analytics firm Palantir Technologies and opened a new position in cryptocurrency exchange Coinbase Global.
According to the report, ČNB acquired 51,732 Coinbase shares worth over $18 million and additionally purchased 49,135 Palantir shares. As of the end of June, the bank’s total holdings in Palantir stood at 519,950 shares. These changes reflect a growing institutional interest in emerging technologies and the digital asset market, as reported by Cointelegraph.
Palantir’s strong performance and Coinbase’s market role
Palantir’s stock became one of the top performers in 2025, rising by 80% in the first half of the year — a sharp contrast to the S&P 500’s gain of just 5.5% over the same period. The company’s growth momentum was driven by strong financial results and increasing investor interest in artificial intelligence technologies.
Coinbase, meanwhile, gained attention after becoming the first crypto company to be included in the prestigious S&P 500 index in May. The exchange’s stock rose by 50.48% over the past month.
Coinbase stock price performance. Source: TradingView
Coinbase expansion and ČNB’s investment significance
The exchange continues to expand its influence. In May, Coinbase reached an agreement to acquire crypto options trading platform Deribit for $2.9 billion. This month, the company also acquired Liquifi — a firm specializing in token management and compliance solutions for early-stage crypto projects.
The Czech central bank’s bets on Palantir and Coinbase underscore the growing appeal of disruptive technologies — even amid market volatility — as long-term investments in an evolving global economy.
Read also: Reserve Bank of Australia begins studying cryptocurrency
