NewsCryptoBank Leumi, Israel's Largest Bank, to Offer Crypto Trading Through Galaxy Digital Partnership

Bank Leumi, Israel's Largest Bank, to Offer Crypto Trading Through Galaxy Digital Partnership

Author: BitcoinKE·

Key Takeaways

  • Customers of Bank Leumi and Pepper will be able to trade Bitcoin, Ether and Solana through the Leumi Trade investment app.
  • Galaxy Digital will provide the trading and custody infrastructure for the planned service.
  • The launch is expected in early 2027 and remains subject to approval from the Bank of Israel.
  • Bank Leumi is one of Israel’s oldest and largest banking groups, and Pepper is its mobile-first digital banking brand.
  • The announcement is part of broader regulatory and market activity around digital assets in Israel.
Bank Leumi, Israel's Largest Bank, to Offer Crypto Trading Through Galaxy Digital Partnership

Israel's largest bank, Bank Leumi, has partnered with Galaxy Digital to offer customers cryptocurrency trading, marking the first such service announced by an Israeli bank.

Under the plan, customers of Leumi and its digital banking unit, Pepper, will be able to buy, hold and sell Bitcoin, Ether and Solana — three of the most widely traded digital assets — through the bank's Leumi Trade investment app. The service is expected to launch in early 2027.

Galaxy Digital, a New York-based digital asset financial services firm founded by Michael Novogratz, will provide the trading and custody infrastructure for the offering, according to a statement.

The launch is subject to regulatory approval from the Bank of Israel, the country's central bank and banking regulator.

The move will give Leumi customers direct access to digital assets through their existing banking relationship, a sign of how established financial institutions are increasingly testing crypto services inside familiar banking and brokerage channels rather than through standalone exchanges.

Bank Leumi is one of Israel's oldest and largest banking groups, tracing its roots to 1902, and Pepper operates as its mobile-first digital banking brand. Leumi Trade serves as the bank's retail investment platform, which makes the planned crypto feature part of an existing investment offering rather than a new standalone product.

The announcement adds to a series of recent crypto-related developments in Israel, including regulatory engagement around digital asset oversight by the Bank of Israel, which helps frame the launch as part of a broader policy and market review rather than an isolated bank decision.