The Czech National Bank (CNB) is exploring how digital assets might fit into modern reserve management. Recent reports indicate the bank has tested a small experimental portfolio including Bitcoin and stablecoins, while also expanding its internal expertise in blockchain and digital asset custody.
Key developments:
• Reserve diversification: The CNB continues to increase its gold reserves, targeting 100 tons, while also studying alternative assets such as Bitcoin.
• Pilot portfolio: A small test allocation—around $1 million—has been used to evaluate how crypto assets behave alongside traditional reserves.
• Research and infrastructure: The central bank is building technical knowledge around custody and blockchain systems as part of its long-term research.
Separately, crypto activity in the Czech Republic has grown, with trading volumes reaching hundreds of millions of dollars in recent years.
While these initiatives are still exploratory, they show that central banks are increasingly studying digital assets as part of broader financial and technological research.