Czech Central Bank Expands Crypto Portfolio, Adds $18.1M in Coinbase Shares
2025-07-14 04:30:04
Main Idea
The Czech National Bank (CNB) has expanded its cryptocurrency exposure by purchasing $18.1 million worth of Coinbase shares, marking its first disclosed stake in a major crypto exchange.
Key Points
1. The Czech National Bank acquired 51,732 shares of Coinbase Global, valued at $18.1 million as of the end of June.
2. This investment reflects the CNB’s growing openness toward digital assets as part of its strategy to diversify reserves.
3. Coinbase’s stock has risen nearly 56% year-to-date, driven by market expansion and regulatory developments.
4. Coinbase has been actively increasing its market presence, including acquisitions like Deribit and Liquifi.
5. Coinbase was named one of TIME’s 100 Most Influential Companies in 2025 and has secured regulatory approval under the EU’s MiCA framework.
Description
The Czech National Bank (CNB) has expanded its cryptocurrency exposure by purchasing $18.1 million worth of Coinbase shares during the second quarter of 2025. Key Takeaways: The Czech National Bank purchased $18.1 million in Coinbase shares, marking its first crypto investment. The move reflects CNB’s strategy to diversify reserves and increase exposure to digital assets. Coinbase’s stock has surged 56% year-to-date amid market rallies and strategic acquisitions. According to a recent Form 13F f...
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