Apxlending

APX Lending operates a regulated crypto-backed lending platform that allows borrowers to obtain liquidity against digital-asset collateral, primarily Bitcoin and Ethereum, without selling their holdings. The company offers fixed-term loans, a revolving line of credit that can be drawn, repaid and redrawn, and a white-label product that lets other businesses offer crypto-backed lending under their own brand with APX handling custody, compliance and credit via API or a hosted user interface. Loans are advanced in CAD or USDC, with advertised rates starting at 9.99%, terms from 3 to 60 months, and origination loan-to-value ratios between 20% and 60%. No credit checks are performed because the digital-asset collateral secures the loan.

The platform describes itself as Canada's first and the world's first CSA-approved crypto-backed lender, and states it is registered with FINTRAC and FinCEN and SOC 2 compliant. Operational features include segregated cold-storage custody described as insured up to $250 million, on-chain proof of reserves, no rehypothecation of collateral, a 90% liquidation trigger that sells only enough collateral to restore an 85% ratio, and 0% liquidation fees. Onboarding is conducted online: borrowers apply with an email address, select a term and LTV, submit documents for pre-qualification, e-sign a loan agreement and transfer collateral to a dedicated APX wallet, after which CAD wires are stated to arrive typically within 3 to 24 hours and USDC loans to be processed within 3 hours during business hours. A public status page tracks service incidents and maintenance.