Polymarket · Bitcoin · Israel · Galaxy Digital · Bitcoin.com News
Israel’s Oldest Bank Bets Big on Bitcoin, Ether and Solana Trading
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Bank Leumi is preparing to put bitcoin, ether and solana inside its banking platforms, an Israeli first if regulators finally sign off on the service.
Key facts
- Chainalysis data showed Israel received an estimated $22 billion in onchain crypto value in the 12 months ending June 2025
- Galaxy bought Israel-founded GK8 in 2023 for about $44 million from Celsius Network’s bankruptcy proceedings
- In 2022, it announced a planned Paxos partnership for crypto trading through Pepper Invest
- Israel’s largest and oldest commercial bank unveiled the deal this week with Galaxy Digital Inc., the Nasdaq-listed crypto firm led by Mike Novogratz
Summary
Bank Leumi and Galaxy Digital target an early 2027 crypto trading launch. The Bank of Israel must approve Leumi’s bitcoin, ethereum and solana service. Israel’s largest and oldest commercial bank unveiled the deal this week with Galaxy Digital Inc., the Nasdaq-listed crypto firm led by Mike Novogratz. Leumi and its mobile banking arm, PEPPER, would place the service in a sealed-off section of the Leumi Trade investment app.