How Israel’s crypto ecosystem has contributed to a booming tech startup
Israel, also known as the “Startup Nation,” has carved out a niche as a world leader in cybersecurity, defense, and internet technology. Cryptocurrency has slotted in seamlessly to the high-tech environment and turned the digital asset class and blockchain technology into driving forces of the country’s economic growth.
Exchanges operating in the country have seen an increase in wallet downloads and crypto activity. In 2023, just 1.24% of Israelis owned cryptocurrency, but that figure is now 7.3%. Both internal and global regulatory and technological innovations are pouring more fuel on the fire of Israel’s booming crypto startup ecosystem.
Bitcoin ETFs Changed the Game
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