Israeli Stock Exchange Enters Cryptocurrency!

Announcing that it is preparing to issue digital government bonds recently, cryptocurrency Another digital step has come from friendly country Israel.

Tel Aviv Stock Exchange (TASE), Israel’s only and main stock exchange, cryptocurrencies and blockchain announced its intention to incorporate technology into its development strategy.

In a press release, TASE announced that they have developed a new platform for trading digital assets.

TASE CEO Itai Ben-Zeev In his statement he said:

“In the next five years, we see a critical window of opportunity for the integration of the Israel Stock Exchange into the technological revolution that the world’s capital markets are going through.

The platform in question is a breakthrough in the development and management of innovative services and products based on market trends.

We aim not only to be a part of change, but also to strive and lead.

In addition, the gap between Israel’s economic strength and local capital market activity and what is happening in the world provides an important and unique opportunity for the exchange’s continued growth and expansion.”

CEO of said crypto trading platform Blockchain-based integrating crypto, including DLT technologies, tokenization of various types of digital assets, and smart contracts.” stated it would.

In the statement, it was stated that the platform is planned to be implemented between 2023 and 2027.

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