Czech Central Bank’s Crypto Adventure: Palantir & Coinbase Take the Stage! 💸💰

TL;DR

  • Czech National Bank enters the crypto world with a $18 million investment in Coinbase.
  • Palantir stake expanded as stock rises 80% in 2025, outpacing the S&P 500.
  • Coinbase continues to grow with Deribit and Liquifi acquisitions.

Czech National Bank Joins the Crypto Party with $18 Million Coinbase Investment

The Czech National Bank has added 51,732 shares of Coinbase in the second quarter of 2025, worth over $18 million. This is the first time the bank has disclosed a position in a U.S.-listed cryptocurrency exchange.

Coinbase, which joined the S&P 500 earlier this year, has been gaining attention from institutional investors. The bank’s move reflects a broader focus on digital assets and emerging technologies.

Palantir Holdings Expand as Stock Rises 80% in 2025

The central bank also raised its stake in Palantir Technologies, adding 49,135 shares during the quarter. Its total holdings reached 519,950 shares by the end of June.

Palantir’s stock rose 80% during the first half of 2025, supported by earnings growth and increased demand for its AI-driven data tools. The S&P 500, on the other hand, rose only 5.5% over the same period.

Coinbase Grows Through Acquisitions

Coinbase has been expanding its services through acquisitions, including Deribit, an exchange on crypto options, and Liquifi, a company that creates token management and billing tools.

These purchases give the company more reach in crypto trading and infrastructure, as well as expanding its capabilities of supporting spot and derivatives trading and budding token projects.

In the first quarter, Coinbase reported $2 billion in revenue, down 10% from a year earlier. Despite the decline, its earnings per share were posted at 1.94, exceeding analyst expectations.

The Czech National Bank’s recent moves showcase a growing interest in digital assets and emerging technologies. Coinbase stock is up 41% for the year and has gained another 10% in recent weeks.

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2025-07-13 18:22