APX Lending introduces a regulated Bitcoin-backed mortgage model in Canada, enabling investors to secure home financing by using BTC as collateral instead of selling their holdings.
The introduction of Bitcoin-backed mortgages by APX Lending in Canada provides a new utility for long-term holders, allowing them to leverage their holdings as collateral for real estate purchases. By enabling investors to access capital without liquidating their positions, this service is expected to reduce sell pressure on the asset and foster broader institutional adoption within the Canadian market.
APX Lending is the first regulated lender to offer these products in the Canadian market.
The service is expected to roll out in Q1 2027.
APX Lending becomes Canada's first regulated Bitcoin-backed mortgage provider, expanding its product offerings.
APX Lending has opened a waitlist for Canada's first regulated Bitcoin-backed mortgage program, targeting a Q1 2027 rollout. The initiative allows long-term cryptocurrency holders to leverage their digital assets as collateral for home financing without liquidating their positions.
Borrowers use their Bitcoin holdings as collateral to secure a mortgage, allowing them to finance a home purchase without the need to sell their digital assets.
The company has opened a waitlist and expects to officially launch the mortgage product in Q1 2027.