Bank Leumi Taps Galaxy for Israel's First Bank Crypto Trading Service

15 August 2026 - 12:53 UTC
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Bank Leumi (LUMI) will become the first Israeli bank to offer customers direct digital asset trading under a partnership with Galaxy Digital (GLXY), according to an announcement on 14 Aug. The service is expected to launch in early 2027.

Customers of Leumi, Israel's largest bank by total assets, and its mobile banking arm PEPPER will be able to buy, hold and sell Bitcoin (BTC), Ether (ETH) and Solana (SOL) through the bank's Leumi Trade app. Galaxy will provide trading through its GalaxyOne Institutional platform and custody infrastructure through the business formerly known as GK8.

The agreement gives Galaxy another large financial institution client as it expands the infrastructure side of its digital assets business. The company has increasingly diversified beyond crypto trading and asset management, including through data centres and prediction markets.

Leumi said the service is intended to give customers regulated access to digital assets without leaving its banking platform.

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