About APX Lending

APX Lending offers fiat-denominated loans using Bitcoin and Ethereum as collateral, enabling users to access capital without selling their digital assets. The platform provides a secure, regulated alternative to DeFi, with institutional-grade custody and no credit checks required.

<problem> Individuals and businesses seeking liquidity often face the dilemma of selling valuable digital assets, which can trigger capital gains taxes and forfeiture of future appreciation. Traditional lending institutions typically do not accept cryptocurrency as collateral, and decentralized finance (DeFi) platforms can present risks related to smart contract vulnerabilities, impermanent loss, and regulatory uncertainty. </problem> <solution> APX Lending provides a regulated platform for obtaining fiat-denominated loans by leveraging Bitcoin and Ethereum as collateral. This service allows users to access capital without liquidating their digital assets, thereby avoiding immediate tax liabilities and retaining potential upside. The platform emphasizes security through institutional-grade custody solutions, including insured cold storage, and operates under a compliant framework, offering a centralized finance (CeFi) alternative to DeFi. Loan applications are processed efficiently, with funds typically disbursed within 24 hours, and no credit checks are required. </solution> <features> - Crypto-backed lending against Bitcoin and Ethereum for fiat currency access. - Loan-to-value (LTV) ratios configurable from 20% to 60%. - Loan terms available from 3 months up to 5 years. - Fixed interest rates starting as low as 9.99%. - Collateral held in segregated, cold storage wallets with BitGo, insured up to $250 million. - SOC 2 audited security and compliance framework. - Registration with FINTRAC (Canada) and FinCEN (US). - Exemptive Relief from the Canadian Securities Administrators (CSA). - No credit checks or impact on personal credit scores. - Option to withdraw excess collateral or top up collateral to manage LTV. - White-label solutions with API integration for financial institutions. </features> <target_audience> The primary target audience includes individuals and businesses holding significant amounts of Bitcoin or Ethereum who require liquidity without selling their assets, as well as financial institutions seeking to offer compliant crypto-backed lending products. </target_audience> <revenue_model> Revenue is generated through interest on loans, with rates starting at 9.99%, and through fees associated with the white-label solutions offered to financial institutions. </revenue_model>

What does APX Lending do?

When was APX Lending founded?

APX Lending was founded in 2023.

Founded

2023

Employees

3 employees

Major Investors

Bigg Digital Assets

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APX Lending

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Executive Summary

apxlending.com 300+

Crunchbase

Founded 2023

Funding

Major Investors

Bigg Digital Assets

Team (<5)

No team information available.

Company Description

Problem

Individuals and businesses seeking liquidity often face the dilemma of selling valuable digital assets, which can trigger capital gains taxes and forfeiture of future appreciation. Traditional lending institutions typically do not accept cryptocurrency as collateral, and decentralized finance (DeFi) platforms can present risks related to smart contract vulnerabilities, impermanent loss, and regulatory uncertainty.

Solution

APX Lending provides a regulated platform for obtaining fiat-denominated loans by leveraging Bitcoin and Ethereum as collateral. This service allows users to access capital without liquidating their digital assets, thereby avoiding immediate tax liabilities and retaining potential upside. The platform emphasizes security through institutional-grade custody solutions, including insured cold storage, and operates under a compliant framework, offering a centralized finance (CeFi) alternative to DeFi. Loan applications are processed efficiently, with funds typically disbursed within 24 hours, and no credit checks are required.

Features

Crypto-backed lending against Bitcoin and Ethereum for fiat currency access.

Loan-to-value (LTV) ratios configurable from 20% to 60%.

Loan terms available from 3 months up to 5 years.

Fixed interest rates starting as low as 9.99%.

Collateral held in segregated, cold storage wallets with BitGo, insured up to $250 million.

SOC 2 audited security and compliance framework.

Registration with FINTRAC (Canada) and FinCEN (US).

Exemptive Relief from the Canadian Securities Administrators (CSA).

No credit checks or impact on personal credit scores.

Option to withdraw excess collateral or top up collateral to manage LTV.

White-label solutions with API integration for financial institutions.

Target Audience

The primary target audience includes individuals and businesses holding significant amounts of Bitcoin or Ethereum who require liquidity without selling their assets, as well as financial institutions seeking to offer compliant crypto-backed lending products.

Revenue Model

Revenue is generated through interest on loans, with rates starting at 9.99%, and through fees associated with the white-label solutions offered to financial institutions.