

Practical Guide to Protect Your Runway from Currency Volatility
βWeb3 Devs Underground - Monthly Meetup
πMulti-Currency: A Practical Guide to Protect Your Runway from Currency Volatility (FX & Crypto)
βRaised in dollars? Spending in shekels? You've likely lost 30% of your runway in the last two years β and never noticed.
βMost Israeli startups raise in USD but never hedge. The result? Capital raised two years ago is now worth 30% less. CEOs effectively handed their employees a 30% monthly bonus through exchange rates without anyone realizing it. Prices go up, buying power goes down - and the startup pays the price.
βThis meetup gives founders practical tools to stop the bleed - in builder language.
βAbout the event:
π Brought to you by Israel Web3 Developers Underground Γ Altshuler Shaham Financial Services
Powered by Masterkey VC
βDate & Time
π
Wednesday, July 29th, 2026
Time: 18:00 - 21:00
Location:
Startup Nation Central, Tel Aviv
βSpeakers
βTalk 1 β "Currency Risk 101 for Founders & Builders"
π€ Tal Raz, Co-CEO, Altshuler Shaham
βWhat hedging actually is, why you need it, and how every founder with a dollar-denominated budget should think about it - the theory in simple terms, no finance degree required.
βLong vs Short β the fundamentals every founder needs to know
βStop-loss, forwards, options, swaps β broken down without the jargon
βThe difference between "hedging" and "speculating" - and where your startup fits
βReal examples: what it cost Israeli founders NOT to hedge their cash
βTalk 2 β "Hedging in Practice β Build It Yourself"
π€ Ofir Eliasi, Blockchain\βDeFi Expert, CTO
βHow to take the theory and build real tools - on-chain, using DeFi protocols.
βHow to code hedging strategies for your startup or personal portfolio
βDecentralized tools vs. traditional banking - what works, what doesn't, and for whom
βCase study: from USD raise to shekel spend - building a system that protects your runway
βThe nuances you need to know when writing currency protection code
βAgenda:
18:00 - 18:30 | Drinks and Networking
18:30 - 18:40 | Opening Remarks
18:40 - 19:25 | First Speaker
19:25 - 19:35 | Q&A with the first speaker
19:35 - 19:45 | Break for Food and Drinks
19:45 - 20:30 | Second Speaker
20:30 - 20:40 | Q&A with the second speaker
20:40 - 21:00 | Finish the day with us over a beer and some small talk.
βAbout Our Sponsors:
Altshuler Shaham Financial Services
Strives to offer tailor made solution that match each client's individual requirements. The company is part of the Altshuler Shaham group, one of the leading asset management groups in Israel. Our strong team of professionals offers FX Trading services in Spot, Forwards, FX Options, and other rates-related hedging products (FRA, Interest Swaps). The knowledge and Experience together with the vast supporting functions place Altshuler Shaham Financial Services in the cutting edge to provide the best services to our clients. Thatβs why, since our establishment in 2016, we now serve over 1,200 clients ranging from public companies to large institutional entities and SMEβs including private high net worth individuals.
βMasterkey Venture Capital is a global early-stage fund investing in top-tier innovative deep tech and Web3 infrastructure projects. With a strategic presence in key crypto hubs worldwide, we are uniquely positioned to drive technological advancements within global ecosystems. Backed by nearly 50 years of combined expertise in advanced infrastructure, novel cryptography, cybersecurity, and energy solutions, our team is dedicated to empowering the entrepreneurs shaping the future of blockchain technology.
βGet Involved
Interested in Speaking or Sponsoring?
We welcome passionate individuals and organizations to contribute to our community. If you're interested in speaking at future events or sponsoring our meetups, please fill out the Speaker application form and contact Amit Shilo at @Amit_Shilo (Telegram)
βCommunity Team: Amit Shilo, Eden Luttenberg, Alon Kivity, Alon Ben Lavy, Ariel Wagowsky, David Langellotti, Boaz Bechar, Daria Nik.
βFounded by Shauli Rejwan and Roy Osherove.
βRSVP Now!
Join the Israeli branch.
Register Here
Limited seats are available. Register early to ensure your participation!
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