PalWallet, a UK-registered fintech company, has unveiled a strategic collaboration with Tectona, a publicly traded firm on the Tel Aviv Stock Exchange specializing in blockchain and digital assets.

The joint venture will introduce an advanced digital wallet in Israel, enabling individuals and businesses to trade cryptocurrencies while integrating account management and smart payment solutions.

This partnership represents a major step forward for Israel’s fintech industry, expanding digital payment capabilities and enhancing cryptocurrency accessibility.

Gornitzky & Co. played a key role in structuring the agreement for PayWallet, ensuring a strong foundation for the initiative’s success and  Amit, Pollak, Matalon & Co represented Tectona in the transaction.