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Israel’s Largest Bank to Add Crypto Trading With Galaxy

Bank Leumi plans to let customers trade bitcoin, ether and solana through its investment app starting in early 2027, according to CoinDesk.

Bank Leumi, Israel’s largest bank, plans to let customers trade bitcoin, ether and solana through its investment app beginning in early 2027, according to CoinDesk.

The service will be offered with Galaxy, the crypto and digital assets firm, marking another example of a traditional financial institution moving to provide direct access to digital asset trading. The rollout is expected to be available through the bank’s existing investment app, though the source metadata does not indicate whether the product will be open to all customers at launch or limited to certain user groups.

The move comes as large banks and brokerage firms continue to test crypto offerings in select markets, often through partnerships rather than building the full infrastructure in-house. For Bank Leumi, the arrangement would give customers access to three of the most liquid cryptocurrencies by market attention and trading activity, while keeping the service within the bank’s own app environment.

The timeline is still relatively distant. Early 2027 suggests the bank and Galaxy have a long implementation window, and details on fees, custody, execution, and regulatory approvals were not provided in the source material. Those factors can be material in any bank-led crypto product, particularly when a regulated institution is integrating digital assets into an established investment platform.

Israel has seen a gradual deepening of interest in digital assets across retail and institutional channels, but bank participation has generally remained cautious. A move by the country’s largest lender would be notable primarily because of scale and distribution rather than because it introduces a new asset class. The broader significance will depend on how the offering is structured and whether similar products follow at other regional banks.

For now, the announcement points to a measured expansion of crypto access through mainstream financial rails. The key takeaway is not a sudden shift in market structure, but a steady extension of trading access inside a major bank’s app, with Galaxy positioned as the partner behind the service.

CoinDesk reported the development on Aug. 14, citing the planned launch window and the assets expected to be supported.

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Original Source Attribution

Source placeholder: https://www.coindesk.com

Disclaimer

This article is for informational purposes only and should not be considered financial advice.