

Practical Guide to Protect Your Runway from Currency Volatility
โWeb3 Devs Underground - Monthly Meetup
๐Multi-Currency: A Practical Guide to Protect Your Runway from Currency Volatility (FX & Crypto)
โRaised in dollars? Spending in shekels? You've likely lost 30% of your runway in the last two years โ and never noticed.
โMost 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.
โThis meetup gives founders practical tools to stop the bleed - in builder language.
โAbout the event:
๐ Brought to you by Israel Web3 Developers Underground ร Altshuler Shaham Financial Services
Powered by Masterkey VC
โDate & Time
๐
Wednesday, July 29th, 2026
Time: 18:00 - 21:00
Location:
Startup Nation Central, Tel Aviv
โSpeakers
โTalk 1 โ "Currency Risk 101 for Founders & Builders"
๐ค Tal Raz, Co-CEO, Altshuler Shaham
โWhat 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.
โLong vs Short โ the fundamentals every founder needs to know
โStop-loss, forwards, options, swaps โ broken down without the jargon
โThe difference between "hedging" and "speculating" - and where your startup fits
โReal examples: what it cost Israeli founders NOT to hedge their cash
โTalk 2 โ "Hedging in Practice โ Build It Yourself"
๐ค Ofir Eliasi, Blockchain\โDeFi Expert, CTO
โHow to take the theory and build real tools - on-chain, using DeFi protocols.
โHow to code hedging strategies for your startup or personal portfolio
โDecentralized tools vs. traditional banking - what works, what doesn't, and for whom
โCase study: from USD raise to shekel spend - building a system that protects your runway
โThe nuances you need to know when writing currency protection code
โAgenda:
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.
โAbout 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. Thatโs why, since our establishment in 2016, we now serve over 1,200 clients ranging from public companies to large institutional entities and SMEโs including private high net worth individuals.
โMasterkey 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.
โGet 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)
โCommunity Team: Amit Shilo, Eden Luttenberg, Alon Kivity, Alon Ben Lavy, Ariel Wagowsky, David Langellotti, Boaz Bechar, Daria Nik.
โFounded by Shauli Rejwan and Roy Osherove.
โRSVP Now!
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