APX Lending Secures $20M Funding
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Business & Economics
APX Lending Secures $20M - Is Demand for Crypto-Backed Loans Rebounding?

71% Informative
Toronto -based APX Lending has raised $20 million to cater to the growing demand for “crypto-backed loans” in Canada .
The timing of this funding round is telling.
Analysts suggest a resurgence in BTC and crypto prices, particularly Bitcoin ’s climb past $ 70,000 in early 2025 , has reignited demand for crypto-backed borrowing.
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