Israel’s largest bank to offer crypto trading with Galaxy

Bank Leumi customers will be able to trade bitcoin, ether and solana through the bank’s investment app from early 2027.Updated 26 min agoPublished 42 min ago(Eduardo Castro/Pixabay)Bank Leumi customers will be able to buy, hold and sell bitcoin, ether and solana through the Leumi Trade app.Galaxy will provide the trading and custody infrastructure, with the service expected to launch in early 2027.The planned launch would make Bank Leumi the first bank in Israel to offer digital asset trading directly to its customers.Bank Leumi, Israel’s largest bank, will offer cryptocurrency trading to customers from early 2027 becoming the first Israeli bank to announce such a service.Customers of Leumi and its mobile banking unit, Pepper, will be able to buy, hold and sell bitcoin BTC$62,623.47, ether ETH$1,866.66 and solana (SOL) through a section of the Leumi Trade app, according to a Friday announcement.Galaxy Digital (GLXY) will provide trading and services through GalaxyOne Institutional, its platform for banks and asset managers. Leumi has also signed an agreement to use Galaxy’s custody infrastructure, formerly known as GK8, to support the offering.The tie-up gives Galaxy a banking partner in Israel and places Leumi among a growing group of financial institutions bringing crypto access inside customer platforms. By embedding trading within its capital-markets app, the bank is betting that clients will favor a regulated banking interface over standalone crypto exchanges.Maya Ravia, Leumi’s head of strategy, described digital assets as an increasingly integral part of the global financial system. Galaxy Israel CEO Lior Lamesh said early movers among banks would help define finance’s shift toward open, programmable infrastructure.The companies did not disclose commercial terms, fees or customer eligibility requirements. CoinDesk has reached out to Bank Leumi for further comments.AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.12345678910Building the Zcash Machine: Tachyon and Quantum ReadinessBuilding the Zcash Machine: Tachyon and Quantum ReadinessZcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.Why it matters:Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.View Full Report