A Major Milestone for Compliant Crypto Lending in Canada

APX Lending is proud to announce that we have been granted exemptive relief by the Canadian Securities Administrators (CSA). A first in the country for a crypto-backed lender. This milestone marks a new chapter for compliant, secure, and transparent access to liquidity using Bitcoin or Ethereum as collateral in Canada.

The exemptive relief, issued on April 1st, 2025, recognizes APX Lending’s institutional-grade approach to risk, custody, and regulatory compliance. It enables us to serve both retail and institutional borrowers with crypto-backed loans while operating under a clear regulatory framework.

"Crypto-backed lending should be safe, secure, and simple to access," said Andrei Poliakov, Founder and CEO of APX Lending. "This decision by Canadian regulators helps bring crypto further into the mainstream — it’s a major step toward building a globally compliant crypto-backed lending ecosystem."

What This Means for Borrowers

This regulatory approval allows eligible Canadian users to borrow against their digital assets without selling them, through a fully compliance-focused, secure, and transparent platform.

Key benefits include:

• Instant access to liquidity while maintaining ownership of crypto

• Segregated, insured cold storage for all collateral

• Competitive interest rates and flexible terms

• No selling, no taxable event at loan origination

Whether you're a retail user seeking personal liquidity or an institution seeking capital efficiency, APX Lending offers a powerful alternative to traditional lending.

Setting a Global Standard

With Canada now joining the U.S. and other jurisdictions in our service network, APX Lending is scaling its regulatory-first infrastructure globally. We're actively expanding into:

• United States

• Australia & New Zealand (via JV with Butn Ltd)

• Asia-Pacific markets

We're also seeing increased interest in our white-label crypto lending solutions, allowing financial institutions, banks, and fintechs to integrate crypto-backed loans under their own brand.

About APX Lending

Founded by Andrei Poliakov, co-founder of Coinberry, APX Lending is a global platform for crypto-backed loans. APX Lending is the only crypto-backed lending platform in Canada with Exemptive Relief from the CSA and registration with both FINTRAC (Canada) and FinCEN (U.S.). APX Lending is SOC 2 compliant and specializes in providing secure, compliant loans using digital assets as collateral.

To learn more visit our about page.