The Phoenix Group has completed an issuance of deferred undertakings (COCOs), which are additional Tier 1 capital instruments of Phoenix Insurance Company Ltd., linked to the index, raising NIS 500 million. The issuance drew exceptional demand exceeding NIS 500 billion, with participation from many of Israel’s leading institutional investors. This follows Phoenix’s 2023 milestone as […]

OfekTech, a new Israeli accelerator, has been launched to empower IDF and national-service veterans to develop high-impact technology ventures. Created by Masa El HaOfek (Journey to the Horizon) in collaboration with the Israel Ministry of Defense, the program offers mentorship, legal and financial guidance, and access to Israel’s thriving tech ecosystem. The accelerator supports veterans […]

BioLineRx (NASDAQ: BLRX, TASE: BLRX), an Israeli clinical-stage biopharmaceutical company, has formed a joint venture with Norway’s Hemispherian AS to develop GLIX1, a first-in-class oral small molecule targeting DNA damage response in glioblastoma and other cancers. The collaboration aims to accelerate the development of novel oncology treatments through combined scientific and technological resources. Arnon, Tadmor-Levy […]

Fireblocks, a leading Israeli digital asset custody and transfer platform, has acquired Dynamic, a company that enables developers to integrate digital wallets into applications within days. The transaction strengthens Fireblocks’ position in the blockchain and fintech space, expanding its capabilities in institutional-grade wallet infrastructure and user-focused financial technology. Meitar advised Fireblocks on the transaction – […]

Crystalino, an Israeli importer and distributor of electrical appliances, electric mobility products, and luxury jewelry, has sold 50% of its shares to private equity fund Rakia Capital for NIS245 million, marking a major strategic move into the luxury jewelry and electric mobility sectors. The deal strengthens Rakia’s investment portfolio and positions the firm for further […]