The Czech National Bank has strategically expanded its U.S. equity exposure by adding cryptocurrency exchange Coinbase Global and increasing its stake in artificial intelligence firm Palantir during the second quarter of 2025. This move signals institutional recognition of the growing importance of cryptocurrency and AI-driven enterprises within traditional financial markets.
Bank disclosures reveal a purchase of 51,732 Coinbase shares valued at over $18 million, alongside an additional 49,135 Palantir shares. The latter brings the central bank’s Palantir holdings to 519,950 total shares. The investments coincided with Palantir’s impressive first-half stock surge of approximately 80%, which significantly outpaced the S&P 500’s performance.
Coinbase achieved a notable milestone this year with its inclusion in the S&P 500 index. Despite reporting a 10% year-on-year revenue decline to $2 billion in the first quarter, the exchange exceeded analyst expectations with earnings per share of $1.94. This indicates improved operational efficiency amid ongoing crypto market dynamics.
Further strengthening its ecosystem, Coinbase executed strategic acquisitions including a $2.9 billion purchase of derivatives platform Deribit and token management specialist Liquifi. The Czech central bank’s investment decisions reflect a broader institutional trend of integrating cryptocurrency and AI-exposed companies into traditional portfolios as regulatory landscapes evolve.