Banks Put Crypto Trading in Their Apps as Exchanges Move to the Backend of Finance
- Bank Leumi said it will work with Galaxy Digital to let its 2.5 million retail customers buy, sell, and hold BTC, ETH, and SOL inside the bank’s Leumi Trade app.
- Galaxy will provide the trade execution, custody, and liquidity backend, and the service is expected to launch in early 2027.
- The report says the arrangement leaves the bank in charge of client relationships, KYC, compliance, funding, and branding, while Galaxy supplies the infrastructure behind the scenes.
- It describes a broader shift in which banks keep the customer-facing layer and crypto firms increasingly act as backend infrastructure providers.
- The article says this model could pressure retail crypto exchanges while supporting demand for institutional trading, custody, and compliance services.
Bank Leumi said it plans to let retail clients trade and hold Bitcoin, Ether, and Solana directly in its Leumi Trade app through a partnership with Galaxy Digital. The service is expected to launch in early 2027 and would extend to the bank’s 2.5 million customers.
Under the arrangement described in the report, Bank Leumi would handle customer relationships, compliance, KYC, funding, and the consumer brand, while Galaxy would provide execution, custody, and liquidity access in the background. The article frames this as the bank using crypto infrastructure rather than building its own trading stack.
The report argues that this reflects a broader industry shift: banks keep the customer-facing interface, while crypto firms increasingly supply the plumbing underneath. It says that trend may be neutral to mildly negative for retail exchanges, but supportive for infrastructure providers such as Galaxy and other custody or prime brokerage firms.
银行将加密交易嵌入自家应用，交易所逐步退居金融体系后端
Bank Leumi 表示，将通过与 Galaxy Digital 的合作，让零售客户在 Leumi Trade 应用内直接交易并持有比特币、以太坊和 Solana。该服务预计于 2027 年初上线，覆盖这家银行的 250 万客户。
报道指出，这一安排中，Bank Leumi 负责客户关系、合规、KYC、资金入口和品牌展示，而 Galaxy 在后台提供交易执行、托管和流动性接入。文章将其概括为银行调用加密基础设施，而不是自行搭建交易系统。
报道认为，这反映出加密交易的分工正在变化：银行保留面向用户的一层，加密公司则越来越像底层服务供应商。对市场而言，这种变化对零售加密交易所可能偏中性到偏利空，但对托管、做市和机构基础设施服务提供商则可能形成利好。