Tel Aviv Stock Exchange to Launch a Crypto Trading Platform


The Tel Aviv Stock Exchange (TASE) has published its five-year strategic plan between 2023 and 2027, aiming to develop a blockchain-based platform for facilitating cryptocurrency exchange services.

“TASE will promote the implementation of innovative technologies, including DLT, tokenizing of various classes of digital assets and smart contracts,” the

“TASE intends to examine multiple potential action plans, including conversion of existing infrastructure to innovative technologies, deployment of innovative technologies into specialized platforms, offering a basket of services and products for digital assets and more.”

The exchange’s interest in decentralized technology could be seen from its partnership with Israel’s Ministry of Finance for testing a blockchain -based digital bond trading platform. It, along with other central banks, also joined the Bank for International last month to test central bank digital currencies for international retail and remittance payments.

Strategic Plans

The exchange will further boost its organic growth, aiming at a 10 to 12 percent revenue rise, and reinforce its international profile. It also plans to bring in international investors by expanding global products traded and cleared on the Israeli exchange.

It will also strengthen its liquidity strategy and the derivatives market by relaunching futures. It will additionally upgrade the distribution channels for existing investors, aligning them with international standards. Moreover, the Israeli exchange plans to bring to the over-the-counter (OTC) markets through the development of systems for the clearing and reporting OTC transactions.

Moreover, TASE will focus on developing and marketing technology services aimed at small and medium-sized exchanges.

“The next five years are a critical window of opportunity for TASE to play an active role in the technological revolution of the global capital markets; the plan anticipates the needs of the market and 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; we will leverage our home court advantage in Israel to adopt and develop Fintech and position TASE as a hub of services and products,” said CEO of TASE, Ittai Ben Zeev.

“TASE will also build up the local capital market’s activity to match Israel’s economic strength and global activity, utilizing this unique opportunity for growth and expansion of its activity.”

The Tel Aviv Stock Exchange (TASE) has published its five-year strategic plan between 2023 and 2027, aiming to develop a blockchain-based platform for facilitating cryptocurrency exchange services.

“TASE will promote the implementation of innovative technologies, including DLT, tokenizing of various classes of digital assets and smart contracts,” the

“TASE intends to examine multiple potential action plans, including conversion of existing infrastructure to innovative technologies, deployment of innovative technologies into specialized platforms, offering a basket of services and products for digital assets and more.”

The exchange’s interest in decentralized technology could be seen from its partnership with Israel’s Ministry of Finance for testing a blockchain -based digital bond trading platform. It, along with other central banks, also joined the Bank for International last month to test central bank digital currencies for international retail and remittance payments.

Strategic Plans

The exchange will further boost its organic growth, aiming at a 10 to 12 percent revenue rise, and reinforce its international profile. It also plans to bring in international investors by expanding global products traded and cleared on the Israeli exchange.

It will also strengthen its liquidity strategy and the derivatives market by relaunching futures. It will additionally upgrade the distribution channels for existing investors, aligning them with international standards. Moreover, the Israeli exchange plans to bring to the over-the-counter (OTC) markets through the development of systems for the clearing and reporting OTC transactions.

Moreover, TASE will focus on developing and marketing technology services aimed at small and medium-sized exchanges.

“The next five years are a critical window of opportunity for TASE to play an active role in the technological revolution of the global capital markets; the plan anticipates the needs of the market and 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; we will leverage our home court advantage in Israel to adopt and develop Fintech and position TASE as a hub of services and products,” said CEO of TASE, Ittai Ben Zeev.

“TASE will also build up the local capital market’s activity to match Israel’s economic strength and global activity, utilizing this unique opportunity for growth and expansion of its activity.”



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