The Czech National Bank increased its stake in Palantir Technologies and initiated a new position in Coinbase Global during the second quarter, according to a Form 13F filing. The bank added 51,732 Coinbase shares worth over $18 million and 49,135 Palantir shares, totaling 519,950 by the end of June. Palantir’s stock surged 80% in the first half of 2025.

Coinbase became the first crypto company to join the S&P 500 in May. Its stock rose 41% in the first half of 2025 and an additional 10% in subsequent weeks. Coinbase shares have gained around 60% over the past month, according to data from Google Finance. The company’s total revenue dropped 10% quarter-over-quarter to $2 billion in Q1.

Coinbase has been expanding its market share in spot and derivatives trading through acquisitions. In May, the company announced the acquisition of the crypto options trading platform Deribit for $2.9 billion. Earlier this month, Coinbase purchased Liquifi, a token management platform specializing in early-stage tokenization projects, to enhance its token cap table management and compliance capabilities.

Read more at Cointelegraph: Czech National Bank Increases Palantir Stake, Adds Coinbase Shares