Article may be outdated

This article is 47 days old. Some details may have changed since publication.

CoinDesk·3 min read·medium

Israel’s largest bank to offer crypto trading with Galaxy

J
James Van Straten
Israel’s largest bank to offer crypto trading with Galaxy
✦AI Summary

Israel's Bank Leumi is partnering with Galaxy Digital to offer cryptocurrency trading services directly through its mobile banking app. This move allows customers to buy and sell digital assets within a regulated banking environment, signaling a shift toward integrating crypto into traditional finance.

Why it matters

The integration of crypto trading into major banking platforms marks a significant step toward mainstream adoption and institutional legitimacy for digital assets.

✦Dive DeeperCreate a free account to unlock

Customers of Leumi and its mobile banking unit, Pepper, will be able to buy, hold and sell bitcoin BTC $ 62,958.76 , ether ETH $ 1,879.19 and solana (SOL) through a section of the Leumi Trade app, according to a Friday announcement.

Galaxy Digital (GLXY) will provide trading and services through GalaxyOne Institutional, its platform for banks and asset managers. Leumi has also signed an agreement to use Galaxy’s custody infrastructure, formerly known as GK8, to support the offering.

The tie-up gives Galaxy a banking partner in Israel and places Leumi among a growing group of financial institutions bringing crypto access inside customer platforms. By embedding trading within its capital-markets app, the bank is betting that clients will favor a regulated banking interface over standalone crypto exchanges.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
cryptobusinesstechnology
✦

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in