Bank Leumi, Israel's largest bank, has partnered with Galaxy Digital to bring Bitcoin, Ethereum, and Solana trading to its banking platform. The service will launch through a dedicated section of the Leumi Trade app, with XRP and other assets expected to follow.
Bank Leumi has become the first bank in Israel to offer digital asset trading directly to its customers, adding crypto to its list of banking services. The bank is partnering with Galaxy Digital to bring the new offering to market, and the move has sparked a buzz across the crypto ecosystem.
Under the partnership with Galaxy Digital, customers of Bank Leumi and its mobile banking arm, PEPPER, will be able to buy, hold, and sell cryptocurrencies. Bank Leumi will use the GalaxyOne Institutional infrastructure to run its crypto operations. Galaxy built that platform for banks, asset managers, and other institutional clients to trade, finance, and stake digital assets.
Bitcoin, Ethereum, and Solana are the crypto assets currently available for purchase on the banking platform. XRP and other assets are expected to join the list soon.
However, the assets are not yet available to customers of the bank, as the service is expected to launch in early 2027 through a dedicated section of the Leumi Trade capital markets application. According to the bank, the trading environment will be designed to provide customers with a secure and regulated way to access digital assets.
Source: U.Today
Trading involves risk.