The Czech Nationwide Financial institution (CNB) has entered the crypto sector with a $18 million funding in Coinbase, buying 51,732 shares in Q2 2025, in line with a U.S. SEC submitting.
This marks the financial institution’s first direct publicity to a crypto-native firm and aligns with its broader technique of holding S&P 500 equities.
Coinbase, the most important U.S. crypto alternate and sole crypto agency within the S&P 500, provides the CNB oblique publicity to the fast-growing digital asset trade. The central financial institution’s U.S. fairness portfolio now totals $12.8 billion.
Governor Aleš Michl has beforehand steered Bitcoin could possibly be thought-about for nationwide reserves, citing its zero correlation to bonds. Although no direct BTC buy has been confirmed, Michl continues to advocate learning blockchain know-how and Bitcoin’s long-term potential.
Trade analysts, together with Tomas Greif of Braiins Mining, observe the CNB now not directly holds Bitcoin publicity by way of Coinbase and Tesla. He added that this might improve additional if MicroStrategy joins the S&P 500.
The CNB’s transfer is seen as a cautious however vital step, signaling rising institutional curiosity in crypto belongings and doubtlessly setting a precedent for different Western central banks exploring digital asset integration.