
Bank Leumi will let customers trade crypto in its Leumi Trade app, using Galaxy for execution and custody, with Bitcoin and Ether among the first assets.
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Bank Leumi has selected Galaxy Digital to provide crypto trading inside its consumer investing app, with availability targeted for early 2027. The bank said it plans to be the first in Israel to offer digital-asset trading through that channel, according to a 14 August 2026 Galaxy newsroom release.
Customers of Bank Leumi and Pepper, its digital banking brand, will be able to hold positions and execute trades in Leumi Trade, the bank's capital-markets application for retail brokerage. The release names Bitcoin and Ether, with Solana also among the initial assets. In-app trading will let customers move between equities and crypto without leaving the Leumi Trade interface. A firm go-live date has not been set, and the rollout is described as a target rather than a commitment.
Leumi will route the service through Galaxy's institutional infrastructure. Trading will run on GalaxyOne Institutional, the firm's platform for professional counterparties. Custody will sit with Galaxy's Custody Infrastructure, formerly known as GK8, a self-custody system designed for financial institutions. The arrangement keeps execution and custody with Galaxy rather than Leumi's internal systems.
Galaxy points to about $9 billion of assets on platform as of 31 March 2026 when making its case to prospective partners, a figure drawn from the company's corporate materials. The platform number covers the firm's broader business, not just the Leumi channel. The release does not break out the figure by product line.
The announcement follows a draft update from the Bank of Israel. On 14 July 2026, the central bank's Banking Supervision Department published for comment proposed supervisory expectations for payment services involving virtual assets, and signaled work to support expansion of such services. The draft is open for public comment; no close date was given in the release. It covers payment services related to virtual assets, not the trading activity itself. Leumi announced its plan roughly a month after that publication. The final version has not been published.
The release does not disclose fees or trading limits, and lists no assets beyond the three named. It describes the integration as putting crypto trading beside existing investment features inside Leumi Trade.
Existing Leumi Trade users will not need a separate exchange account for the initial assets. The timeline gives Leumi and Galaxy about five months to build and launch the integration. For Galaxy, the partnership adds a named bank client in Israel and a route into Pepper's mobile-first customer base. The target for the service is early 2027.
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