Israels largest bank to offer crypto trading with Galaxy

Özet:Bank Leumi, Israel's largest bank, will become the first Israeli bank to offer cryptocurrency trading directly to customers, with the service expected to launch in early 2027. Through the Leumi Trade app, customers of Leumi and its mobile unit Pepper will be able to buy, hold and sell bitcoin, ether and solana. Galaxy Digital will supply trading via GalaxyOne Institutional and custody through its GK8-based infrastructure. The partnership adds to a trend of banks embedding crypto access in regulated platforms. Leumi's Maya Ravia called digital assets increasingly integral to global finance, while Galaxy Israel's Lior Lamesh said early movers will shape finance's shift to open, programmable infrastructure. Commercial terms, fees and eligibility were not disclosed.

Summary

  • 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, Israels 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 , ether 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 Galaxys 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.

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