If you've held Bitcoin for a while, you probably know this moment. You've found a home you love. You've done the math. And the advice you keep getting is the same: sell some Bitcoin and use it for the down payment.

It sounds simple. But for a lot of long-term holders, it's the last thing they want to do.

Why selling feels like the wrong move

Selling Bitcoin to buy a home comes with real costs that don't show up on the listing.

• Your long-term position:. Many holders have spent years building their position through every up and down. Selling means giving up your holdings right when you're making the biggest financial commitment of your life.

• Taxes:. In Canada, selling Bitcoin at a profit is a taxable event. Depending on how long you've held and how much it's grown, a big chunk of your down payment can go straight to capital gains tax.

• Timing:. Being forced to sell on a closing date, whatever the price that week is a stressful way to buy a house.
  

And for many Bitcoin holders, the traditional mortgage process wasn't built with their wealth in mind. Lenders know how to read a pay stub and a savings account. A significant Bitcoin position is often harder for them to work with, even when it represents a large share of someone's net worth.

What is a Bitcoin-backed mortgage?

The idea is straightforward. Instead of selling your Bitcoin to buy a home, you use it as collateral. Your Bitcoin always stays with you, held securely, while it helps you finance your real estate purchase.

When the loan is repaid, the Bitcoin you used as collateral is released. You keep your position, and you didn't have to sell to get there.

We'll share full product details, including eligibility, terms and pricing, ahead of launch.  

Who Benefits Most from Bitcoin-Backed Mortgages?

We're building Bitcoin-backed mortgages for people whose wealth has grown in Bitcoin and who want that wealth to work harder in real estate.

Homebuyers with meaningful Bitcoin holdings: You've built real wealth in Bitcoin and you're ready to buy a home. You'd rather keep your position than sell it for a down payment.

Real estate investors who hold Bitcoin: You already own property, maybe several, and you're looking at your next one. Your Bitcoin can open up more flexible capital for that next purchase, without selling it or pulling equity out of the properties you already own.

Mortgage brokers with Bitcoin-holding clients: If your clients keep asking how to use their Bitcoin towards a purchase, this gives you a regulated, Canadian option to bring them. We'd love to hear from you.

This isn't new territory for APX Lending clients

APX clients have already used Bitcoin-backed loans for real estate, from [down payments / funding purchases / renovations]. Bitcoin-backed mortgages build on what they've shown us: people want to put their Bitcoin to work in property, and they want to do it without selling.

The interest is bigger than our client base, too. One in four Canadians now owns crypto, according to a 2026 survey from the Ontario Securities Commission. In the U.S., crypto mortgage lender Milo has passed $100 million in crypto mortgage originations, including a single $12 million loan. This market is expected to grow to $1T within 10 years.  

Why APX

A home is the biggest thing most people will ever finance. It deserves the same standards you'd expect from a bank. That's how we've built APX from day one.

• Regulated. APX was the first digital-asset-backed lender approved by Canada's securities regulators, and we're registered with FINTRAC and FinCEN.
  

• Your Bitcoin is held securely. Collateral sits in segregated BitGo cold storage, insured for up to $250 million, subject to the policy's terms.

• Never lent out. We don't rehypothecate. Your Bitcoin is never reused or lent to anyone else.
  

• Built to protect your position. Our 90/85 Standard means that if a loan's LTV reaches 90%, we sell only enough to bring it back to 85%, not your whole position.
  

• Independently audited. Our security and operating controls are reviewed under SOC 2.

Common questions

When can I apply?

We expect to roll out Bitcoin-backed mortgages in Q1 2027. Join the waitlist and we'll contact you as soon as applications open.

Do I have to sell my Bitcoin?

No. That's the whole point. Your Bitcoin is pledged as collateral, not sold.

Is borrowing against Bitcoin taxable?

Borrowing against your Bitcoin isn't a sale, so it doesn't trigger the capital gains tax a sale would. Everyone's situation is different, so we always recommend speaking with a tax professional.

Which provinces will it be available in?

We'll confirm supported provinces and territories ahead of launch.

Be first in line

If you've been waiting for a way to buy property without giving up your Bitcoin, we'd love to have you on the list.

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