Capital markets News

Israel’s stock exchange TASE reveals plans for blockchain, digital assets, crypto

tase tel aviv stock exchange

Today Israel’s stock exchange operator TASE unveiled its five-year strategic plan that includes a platform for digital assets and “venturing into crypto”. Last week it announced it would assist the Ministry of Finance in launching blockchain-based government bonds.

The plan “takes the development and management of innovative services and products to the next level; we will not only partake in the change but aim to spearhead it,” said TASE CEO Ittai Ben-Zeev.

Ben-Zeev spoke about tokenizing various asset classes and using DLT and other technologies to transform the existing infrastructure. It is planning a trading, clearing and custody service, which is not dissimilar to what has been launched by the SIX Digital Exchange and is planned by the Deutsche Börse.

Article continues …

subscriber padlock

Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.