Bank Leumi to Launch In-App Crypto Trading via Galaxy in 2027

Bank Leumi has selected Galaxy Digital to power in-app crypto trading inside its Leumi Trade capital-markets app, with first availability targeted for early 2027. The bank says it aims to be Israel’s first bank-led digital-asset trading channel for retail customers. Customers of Bank Leumi and Pepper will be able to buy, hold, and sell selected cryptocurrencies within Leumi Trade. The launch will initially support BTC, ETH, and SOL. Galaxy will provide both execution and custody: GalaxyOne Institutional for trading and Galaxy Custody Infrastructure (formerly GK8). Regulatory timing is a key variable. In mid-July 2026, Israel’s Bank of Israel issued a draft update for consultation on payment services tied to virtual assets, which market participants see as reducing uncertainty for banks considering crypto offerings. The article also notes Israel’s regulators are reviewing broader permissions for licensed firms to trade leading digital assets, with draft conditions mentioned such as a $500m minimum market cap. Traders’ near-term focus is likely on BTC/ETH/SOL sentiment tied to Israel’s banking progress and any follow-up regulatory steps. Fees, limits, and additional asset coverage were not disclosed, so the trading impact will depend on execution quality and final approvals.
Neutral
Neutral for the mentioned coins (BTC/ETH/SOL): the planned in-app bank crypto trading integration could improve retail access and sentiment, which is mildly supportive. However, the service is targeted for early 2027 and still depends on regulatory clarity and approvals. With no fees, limits, extra asset coverage, or specific risk controls provided, the actual near-term flow impact on BTC/ETH/SOL price is uncertain. Historically, Israel’s prior attempt was blocked, so traders may wait for final regulatory confirmation before pricing in a stronger effect.