
The partnership would make Leumi the first Israeli bank to announce direct crypto trading, reviving a shelved 2022 plan through Galaxy's trading and custody infrastructure.
Bank Leumi, Israel's largest bank, plans to let Leumi Trade and PEPPER customers buy, hold and sell Bitcoin, Ether and Solana from early 2027 through a dedicated section of its capital-markets app, making it the first Israeli bank to announce direct crypto trading services. Galaxy Digital will supply the underlying trading and custody stack through GalaxyOne Institutional and its Custody Infrastructure platform, formerly GK8, as Leumi revives a rollout that stalled in 2022 when an earlier Paxos tie-up did not receive the same regulatory sign-off. The second attempt comes after Israel eased several frictions for regulated crypto activity in 2026, including the removal of automatic delays on crypto-linked deposits, limits on banks' ability to refuse funds from licensed providers, new wallet-security and capital standards, and an August 1 expansion allowing trading in the top 50 coins above a $500 million market-cap threshold. The service is still expected to launch in early 2027, pending Bank of Israel approval, and would sit inside Leumi's existing investment interface rather than a standalone crypto venue.