A Practical Guide to Protect Your Runway from Currency Volatility
Details
## Web3 Devs Underground - Monthly Meetup🚀Multi-Currency: A Practical Guide to Protect Your Runway from Currency Volatility (FX & Crypto)
Raised in dollars? Spending in shekels? You've likely lost 30% of your runway in the last two years — and never noticed.
Most 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.
This meetup gives founders practical tools to stop the bleed - in builder language.
About the event:
🎙 Brought to you by Israel Web3 Developers Underground × Altshuler Shaham Financial Services
Powered by Masterkey VC
Date & Time
📅 Wednesday, July 29th, 2026
Time: 18:00 - 21:00
Location:
Startup Nation Central, Tel Aviv
## Speakers
Talk 1 — "Currency Risk 101 for Founders & Builders"
🎤 Tal Raz, Co-CEO, Altshuler Shaham
What 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.
- Long vs Short — the fundamentals every founder needs to know
- Stop-loss, forwards, options, swaps — broken down without the jargon
- The difference between "hedging" and "speculating" — and where your startup fits
- Real examples: what it cost Israeli founders NOT to hedge their cash
Talk 2 — "Hedging in Practice — Build It Yourself"
🎤 Ofir Eliasi, Blockchain\DeFi Expert, CTO
How to take the theory and build real tools - on-chain, using DeFi protocols.
- How to code hedging strategies for your startup or personal portfolio
- Decentralized tools vs. traditional banking - what works, what doesn't, and for whom
- Case study: from USD raise to shekel spend - building a system that protects your runway
- The nuances you need to know when writing currency protection code
Agenda:
18:00 - 18:30 | Drinks and Networking
18:30 - 18:40 | Opening Remarks
18:40 - 19:20 | First Speaker
19:20 - 19:30 | Q&A with the first speaker
19:30 - 19:50 | Break for Food and Drinks
19:50 - 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.
About Our Sponsors:
**Altshuler Shaham **Investment House, founded in 1990 by Gilad Altshuler and Kalman Shaham, is one of the largest and leading in the Israeli capital market in the field of investment management and long-term savings. The group has about 1,200 employees and manages billions of shekels in assets for private, business and institutional clients.
The investment house brings together a group of companies specializing in a variety of financial fields and offers its clients a wide and professional basket of investment solutions, including: investment portfolio management, mutual funds, pension funds, provident funds and provident funds for investment, retirement guidance, hedge funds, real estate abroad, buying and selling digital currencies, global currency solutions; conversion and/or deposit of foreign currency as well as foreign currency hedging, a rechargeable digital foreign currency card, business credit and independent trading
Masterkey 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.
Get 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)
- Community Team: Amit Shilo, Eden Luttenberg, Alon Kivity, Alon Ben Lavy, Ariel Wagowsky, David Langellotti, Boaz Bechar, Daria Nik.
- Founded by Shauli Rejwan and Roy Osherove.
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