Bank Leumi to Launch Crypto Trading Services for Israeli Customers in 2027
Bank Leumi is set to launch cryptocurrency trading services for its customers in early 2027, marking Israel's first banking institution to offer such a service. The bank will allow customers to buy, hold, and sell Bitcoin (BTC), Ether (ETH), and Solana (SOL) through its existing Leumi Trade capital-markets app.
The trading service will be powered by Galaxy Digital's GalaxyOne Institutional platform, which provides institutional-grade execution. Galaxy Digital will also handle custody through its infrastructure formerly known as GK8, ensuring the secure storage of customer assets.
Bank Leumi's decision to offer cryptocurrency trading is a significant move in the Israeli banking sector, putting pressure on competitors to follow suit or risk being left behind.