Bank Leumi, Israel's largest bank, and Galaxy Digital Inc.  announced a partnership to provide digital asset trading for the bank's customers. Through this partnership, Bank Leumi will become the first bank in Israel to offer digital asset trading services to its customers.

Customers of Leumi and PEPPER, the bank's mobile digital banking arm, will be able to buy, hold and sell selected digital assets, including Bitcoin, Ether and Solana, within the Leumi Trade capital markets application. Trading will take place in a dedicated, secured section of the app. The service is expected to become available to customers in early 2027. Bank Leumi will be using GalaxyOne Institutional, Galaxy's institutional platform for banks, asset managers and other institutions for trading and other services, all built with deep expertise and institutional grade execution. In addition, Bank Leumi signed an agreement with Galaxy's Custody Infrastructure platform, formerly known as GK8, to support the bank's digital asset infrastructure.

"We are constantly working to expand the range of advanced financial services that the bank offers its customers. This initiative represents a significant pillar of the bank's innovation strategy and enables us to provide customers with simple, secure, and regulated access to trading digital assets through one of the world's leading technological infrastructures," said Maya Ravia, Head of Strategy at Bank Leumi. "We believe that digital assets are gradually becoming an integral part of the global financial system, and it is our role to enable customers to benefit from this development within a reliable, secure, and regulated banking framework."

"The future of finance will run on open, programmable rails, and we believe the banks that move first will define the era that follows," said Lior Lamesh, CEO of Galaxy Israel. "Leumi is the first bank in Israel to bring digital assets to its customers, and it chose Galaxy, to make it possible. The digital assets market in Israel is growing rapidly, and we are proud to provide the foundation of trust for the country's leading institutions. We are building one platform for trading and custody, with institutional-grade security at its core, and the onchain rails beneath it, through Galaxy Infrastructure and GalaxyOne Institutional, for banks around the world."