How sovereign monetary authorities are acquiring battle-tested blockchain rails at distressed valuations — and why Israel should be paying attention

There is an old adage in finance: never let a good crisis go to waste. Central banks, those stately custodians of monetary orthodoxy, appear to have taken this maxim to heart. Across the globe, sovereign monetary authorities are quietly acquiring the plumbing of the cryptocurrency ecosystem — the custody solutions, the settlement protocols, the tokenisation platforms — at valuations that would make a vulture fund blush. They are picking up battle-tested infrastructure that the private sector built, refined, and then, in its characteristically manic-depressive fashion,…