The Czech National Bank bought 51,732 shares of Coinbase Global for $18.1 million, according to a Form 13F filed with the U.S. SEC.
The purchase raises the bank’s crypto‑linked stock holdings as it works to spread its reserve risk. The shares were worth about $20 million by late June, based on market closing prices.
Purchase Details
The CNB added Coinbase shares as part of its plan to diversify reserves. The buy came alongside the acquisition of 49,135 Palantir Technologies shares. By the end of June, the central bank held 519,950 Palantir shares in total.
Also Read: Coinbase Acquires Token Management Platform Liquifi, Making Its Fourth Acquisition Of 2025
Palantir’s stock showed gains of 80% in the first half of this year. This gain is more than the S&P 500’s 5.5% rise over the same period. Investors cheered Palantir’s solid earnings and growing use of artificial intelligence in its data tools.
Coinbase Joins S&P 500
In May, Coinbase became the first pure‑play crypto company in the S&P 500 index. Its shares rose 41% in the first six months of 2025 and then climbed another 10% in the weeks that followed.
Over the past month, Coinbase stock gained around 60%, according to Google Finance.
Coinbase stock is trading at $387.06, which is down 0.49% in the last 24 hours. The stock is up 55.88% year‑to‑date. But, transaction revenue fell 18.9% to $1.26 billion in the latest report.
Trading volumes have gone down by 10.5% to $393 billion due to a cooling crypto market. Despite that, earnings per share of $1.94 beat analyst forecasts.
Coinbase has pushed into new markets and trading areas. In May, it agreed to buy Deribit, a crypto options platform, for $2.9 billion. This deal aims to grow Coinbase’s share in spot and derivatives trading.
Ark Invest Bets on Coinbase
Additionally, amid a wider sell-off in international markets, Cathie Wood’s Ark Invest has raised its ownership of Coinbase Global Inc. The investment group paid about $13.3 million on Monday for 84,514 shares of the cryptocurrency exchange.
The purchase was divided between ARK Fintech Innovation ETF (ARKF) and ARK Next Generation Internet ETF (ARKW), two of its main ETFs.
However, Ark Invest sold $43.8 million worth of shares across three of its ETFs this month, reducing its exposure to Coinbase.
The company’s most recent trade report states that 124,892 Coinbase shares were part of the deal.
What does this Mean?
The Czech National Bank’s move into Coinbase shares shows how traditional institutions are testing crypto markets. Strong gains in Coinbase and Palantir reflect investor appetite for tech and digital assets.
At the same time, revenue dips and security threats remind us that markets can shift fast and dangers can arise off the trading floor. As more banks explore digital tokens, they will need clear rules and robust protections to guard both funds and people.
Also Read: Hacker Builds 4,863 Ethereum Holdings With $400M Stolen Coinbase Funds, Details Inside