Solana (SOL) Included in Bank Leumi's 3-Asset Crypto Trading Plan

Solana News

Solana (SOL) will be one of three digital assets offered through Israel's Bank Leumi after the lender signed a partnership with Galaxy Digital, according to the companies' joint announcement made Friday. The planned service is expected to begin in early 2027 and will allow customers of Bank Leumi and Pepper, its mobile-banking brand, to buy, hold and sell Bitcoin, Ether and Solana inside a dedicated area of the Leumi Trade app. The companies framed the rollout as a first for Israeli banking: Leumi would become the country's first bank to provide digital-asset trading directly to retail and business customers. The bank said it serves millions of users across those segments, giving the product a large existing distribution channel. Execution and related services will run through GalaxyOne Institutional, while Galaxy's custody infrastructure platform, previously called GK8, will underpin the digital-asset setup. That split keeps the customer relationship inside the bank while moving execution and safekeeping to a crypto specialist. For altcoin markets, the inclusion of SOL beside the two largest crypto assets is notable because it treats the network as a bank-ready digital asset for regulated investment apps rather than a purely speculative token. The announcement also arrives while Galaxy is managing uneven financial results. The firm reported an $85 million net loss for the second quarter, largely tied to weaker digital-asset prices, while its digital-assets business produced $66 million in adjusted gross profit, a 34% increase from the prior quarter. Galaxy, founded and led by Mike Novogratz, listed on Nasdaq under GLXY in May 2025. The partnership gives the company a high-profile institutional distribution story at a time when banks are testing how crypto custody and trading can be embedded in mainstream investment apps, rather than offered through separate airdrop-style promotions or offshore venues. This is not a consumer incentive program; it is an integration of SOL into a supervised banking interface.

In Asia, Solana is also being used as the core asset of a listed-company treasury. Japanese entertainment firm WIZE, formerly Mobcast Holdings, began buying SOL in October 2025 and has built one of the largest corporate positions in the network, ranking first among Japanese listed companies and inside the global top 10 by holdings, according to the company's disclosures. The approach is not a single speculative purchase; WIZE accumulated through 60 transactions, lowering its average cost from roughly ¥25,000 at the start to ¥15,053 as of July 31. Its total position reached 66,458 SOL, made up of 65,603 purchased tokens and 855 SOL earned as staking rewards. During the first two quarters of its December fiscal year, the company booked ¥148.7 million in crypto valuation losses, but management said the strategy remains focused on long-term accumulation rather than trading. WIZE has also moved beyond simple holding. It operates a validator and says it became the first Japanese listed company accepted into the Solana Foundation Delegation Program, a scheme in which the foundation delegates SOL to validators that meet defined standards. In a bear market, that staking layer matters because it lets the company increase token quantity even when prices are weak. Unlike Bitcoin, where holding alone does not create native staking yield, Solana's proof-of-stake design lets delegated tokens generate rewards, giving treasuries a second operational lever beyond outright price appreciation. The company tracks SOL per 10,000 shares, a metric designed to show whether holders are accumulating faster than equity dilution. That figure rose from 1.99 in February 2026 to 6.54 by July, about a 3.3x increase over five months. The company's argument is not that SOL must quickly return to its all-time-high; it is that staking rewards can compound the treasury's token count while the broader narrative shifts from price speculation to yield-bearing corporate ownership.

COINOTAG's analysis: these two developments show Solana being pulled into traditional finance through two different doors. The bank's official announcement describes the planned Leumi Trade product as a first for Israeli lenders, with Galaxy's custody infrastructure supporting the three assets. WIZE's corporate disclosure adds the on-chain side: 66,458 SOL held, including 855 SOL in staking rewards, after 60 purchases. Together, regulated access and validator-linked treasury yield could make SOL's market structure less dependent on retail sentiment. The key variable is whether custody, compliance and staking controls scale without operational failures. That will require consistent disclosure as banks and treasuries connect to public-chain settlement.