Tech Ventures: Israel Advances in Crypto Ecosystem

Israel, often known as the “Startup Nation,” has emerged as a global leader in cybersecurity, defense, and internet technologies. Cryptocurrency has easily integrated into the high-tech ecosystem, transforming the digital asset class and blockchain technology into key drivers of the country’s economic growth. 

Bitcoin ETFs: The Game Changer

In January 2024, when the Securities and Exchange Commission approved various Bitcoin ETFs in the United States, the worldwide crypto market had a 70% price increase, bringing more than $11 billion into the industry. BTC ETF options for US markets were announced in November 2024, resulting in increased retail and institutional investor inflows into the crypto markets. This contributed to the global crypto bull run.  

Blockaid, Ingonyama, Tres, Oobit, and Fordefi are all part of Israel’s cryptocurrency ecosystem. In January 2024, Israel had 24 “unicorns”. These are private enterprises worth more than $1 billion.  Then there’s Starkware, a leader in the Ethereum scaling field, which has reached a $20 billion valuation since the creation of the $STARK token. 

According to a recent yearly assessment, Tel Aviv has the fifth most attractive startup ecosystem in the world. Despite geopolitical unc

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