Bank Leumi Taps Galaxy for BTC, ETH and SOL Trading
Israel's largest bank tried crypto in 2022 with Paxos and never launched. This time it pairs the country's biggest deposit base with Galaxy Digital and a wider asset list, targeting early 2027.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
Israel's largest bank tried crypto in 2022 with Paxos and never launched. This time it pairs the country's biggest deposit base with Galaxy Digital and a wider asset list, targeting early 2027.
With the S&P 500 at a record high, weak ETF demand and historically thin spot liquidity are stopping Bitcoin from joining the broader risk-on move.
A break could test the 200-day average near $69K or revisit prior June lows. The low-risk readings support an accumulation case, while the mixed breakout record leaves no directional certainty.
Wealth management platforms quietly becoming the next marginal buyer is the more durable story: structural accumulation that does not need a single announcement to keep working.
Weak ETF demand and historically thin spot liquidity are keeping Bitcoin from following the S&P 500 higher, leaving the rebound exposed despite signs of seller exhaustion.
The Q2 print is bearish on its face, but the structural story is worse: trading volume fell two-thirds YoY, and AUM halved to $8.4B as the core crypto exchange business dwindles.
Electrification is reaching the supercar tier as a performance proposition, not only an efficiency measure.
The $22M loss highlights balance-sheet risk for corporate Bitcoin treasuries, where some loans can liquidate after just 12 hours.
MSCI's review puts the index treatment of Bitcoin-treasury firms under scrutiny, making benchmark-linked flows the central market question for MSTR.
Stock at $24.63 trades below its $37 IPO and a fraction of last year's $74 peak, even as the company bets $4.2B on Equiniti to anchor a tokenized-securities pivot.
The milestone adds an ownership metric to RWA adoption, complementing trading volume and market cap with a measure of breadth.
Without a live exemption on the table, token issuers now face an August fundraising window with no defined resale or eligibility path.
Exchange revenue is broadening toward a multi-asset model, with gold, silver, oil and stock-linked products filling the gap left by fading retail activity.
Its wider relevance lies in the questions the collapse raised about market trust, customer safeguards and crypto oversight.
The delay highlights how RWA products remain exposed to the physical project and geopolitical conditions behind them, as WLFI explores oil and gas beyond real estate.
The ABA CEO's public endorsement cuts against the prediction-market panic, but September 15 is the real deadline. Miss the window and serious movement slides into 2027.
The launch highlights the gap between fixed security reviews and attack capabilities that evolve as newer AI models emerge.
An MSCI ejection would force passive global funds to dump MSTR regardless of fundamentals, raising the stakes for every bitcoin-treasury company that followed Strategy's playbook.
The planned early-2027 launch would make Leumi Israel's first bank to embed digital-asset access in a regulated customer platform, with Galaxy supplying trading and custody.
Only the marketing relationship survives, narrowing the partnership from a treasury and product rollout to promotion.