BIGG, Netcoins make Strategic Investment in APX Lending
Globenewswire·2025-05-13 12:30

Core Insights - BIGG Digital Assets Inc. has made a strategic investment in APX Lending and formed a partnership with Netcoins to enhance crypto-backed lending services [1][3][7] Company Overview - BIGG Digital Assets Inc. operates in the digital assets space, owning Netcoins, Blockchain Intelligence Group, and TerraZero, and aims to create a safe, compliant, and regulated environment for cryptocurrency [1][5] - APX Lending is a crypto-backed lending platform that provides instant liquidity to borrowers while ensuring compliance and security, allowing users to leverage their digital assets without selling them [4][7] Market Potential - The global crypto-backed lending market is projected to exceed $45 billion by 2030, indicating significant growth opportunities for companies involved in this sector [3] Strategic Developments - The partnership between Netcoins and APX Lending aims to expand crypto-backed lending in Canada and the U.S., with coordinated go-to-market efforts planned throughout 2025 [3][7] - APX Lending has received Exemptive Relief from the Canadian Securities Administrators, marking a significant regulatory milestone for crypto-backed lending in Canada [7] Leadership Insights - Netcoins CEO Fraser Matthews emphasized the importance of being at the forefront of crypto lending access for clients, while APX Lending's CEO Andrei Poliakov highlighted the strong demand for compliant and regulated lending solutions [3]