Leumi Bank Becomes First Israeli Institution to Offer Direct Crypto Trading
Bank Leumi, Israel's largest bank, has partnered with Galaxy Digital to offer digital asset trading services to its customers. This move makes Bank Leumi the first bank in Israel to announce direct crypto trading services.
The service will be available through the Leumi Trade capital markets app and will allow customers to buy, hold, and sell Bitcoin (BTC), Ether (ETH), and Solana (SOL) alongside existing investment services. The trading infrastructure will be provided by Galaxy Digital's platform, GalaxyOne Institutional.
Bank Leumi has also signed an agreement with Galaxy Digital to use its Custody Infrastructure platform, formerly known as GK8, to support the custody infrastructure behind the service.
The partnership is part of Bank Leumi's broader innovation strategy and aims to give customers regulated access to digital assets within its banking platform. As stated by Maya Ravia, Head of Strategy at Bank Leumi, 'the initiative forms part of the bank's broader innovation strategy'.