In a significant development for the local digital asset market, Hapoalim Bank has formally engaged with cryptocurrency infrastructure provider Galaxy Digital to facilitate trading access.
The strategic partnership enables clients of one of Israel’s largest banking institutions to execute trades in three major cryptocurrencies. Specifically, the collaboration will offer users the ability to trade Bitcoin (BTC), Ether (ETH), and Solana (SOL) directly through their existing bank channels.
This move underscores a growing integration between traditional finance and onchain assets within the region. It provides retail investors with seamless access to volatile digital markets without needing separate exchanges or wallets initially.
The timing of this announcement comes amidst substantial activity in Israel’s crypto sector. Recent data from Chainalysis indicates that approximately $22 billion worth of value moved across blockchain networks originating from Israel during the 12 months concluding June 2025.
This high volume suggests strong local interest and liquidity, which banks like Hapoalim are now better positioned to capture through these new partnerships. By bringing popular assets like Solana alongside established giants like Bitcoin into a banking framework, the institution aims to broaden its customer base while adhering to regulatory standards.
The Block reported on this development earlier today, highlighting it as a key step for mainstream adoption in Tel Aviv and beyond. As more banks explore similar models, the boundary between traditional savings accounts and crypto trading continues to blur.
