Czech National Bank gets into the crypto sector with $ 18 million coinbase investment

With a $ 18 million investment in Coinbase, the Czech National Bank (CNB) entered the crypto sector and bought 51,732 shares in the second quarter of 2025, as can be seen from a US exchange report.
This is the bank's first direct commitment in a crypto company and is in line with its broader strategy to keep S&P 500 shares.
Coinbase, the largest US crypto exchange and the only crypto company in the S&P 500, enables CNB indirect engagement in the rapidly growing industry of digital assets. The central bank's US stock portfolio is now $ 12.8 billion.
Governor Aleš Michl previously suggested that Bitcoin could be considered for the national reserves, led the zero correlation to bonds. Although no direct BTC purchase has been confirmed, Michl continues to investigate Bitcoin for the examination of blockchain technology and the long-term potential.
Industry analysts, including Tomas Greif from Braiins Mining, find that CNB is now indirectly invested in Bitcoin via Coinbase and Tesla. He added that this commitment could continue to increase if Microstrategy is included in the S&P 500.
The step of the CNB is seen as a cautious but significant step that signals a growing institutional interest in crypto-assets and possibly creates a precedent for other western central banks that explore the integration of digital assets.