Bank Leumi to Offer BTC, ETH and SOL Trading via Galaxy
Bank Leumi will let Leumi and Pepper users buy, hold and sell Bitcoin, Ether and Solana in the Leumi Trade app under a partnership with Galaxy Digital, launching early 2027.
Israel’s Bank Leumi and Galaxy Digital announced a partnership to let Leumi and Pepper mobile banking customers buy, hold and sell Bitcoin (BTC), Ether (ETH) and Solana (SOL) through a dedicated section of the Leumi Trade app, with service scheduled for early 2027. Leumi said the rollout will make it the first Israeli bank to offer direct digital-asset trading to retail customers.
Under the agreement, Leumi will integrate Galaxy’s trading and custody technology into its investment platform. The bank will use GalaxyOne Institutional for trading and related services and Galaxy’s custody infrastructure platform, formerly known as GK8, to store clients’ digital assets. The feature will be accessible from inside the Leumi Trade app.
Leumi serves millions of retail and business customers in Israel. The offering targets clients who want to add crypto assets to their portfolios while using the bank’s existing app and account structure. The banks set an early 2027 timeline for launch and said more details on availability, trading limits and security measures will follow.
The companies did not disclose fees, custody terms, insurance arrangements or the full operational details of how client assets will be held. Leumi must complete regulatory, compliance and technical steps before the planned launch.
Galaxy reported a net loss of $85 million in the second quarter, which the firm attributed mainly to lower digital-asset prices. Its digital assets business generated $66 million in adjusted gross profit for the quarter, up 34% from the prior quarter. Galaxy was founded and is led by Mike Novogratz and began trading on the Nasdaq under the ticker GLXY in May 2025; its shares traded near $21.38 on Friday, about 2% higher for the day and roughly 25% lower than a year earlier.
Israeli banks have generally avoided offering direct cryptocurrency trading to retail clients, citing regulatory and operational concerns. Leumi’s announcement represents the first time an established Israeli lender has linked a mainstream banking app directly to crypto trading and custody infrastructure.
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