BIGG Digital Assets Inc, a firm focused on the digital assets space and owner of Netcoins, Blockchain Intelligence Group, and TerraZero, announced that Netcoins USA has signed a partnership agreement with APX Lending, which is said to be a “crypto-backed” lending platform, to provide crypto-backed loans to US clients.
Netcoins USA and APX Lending have entered into a partnership to offer preferred trading and lending services to their respective client bases in the United States.
According to a report by Coinmarketcap, the crypto lending market size is set to reach USD $5.5 billion by 2025, growing at a CAGR of 12.5% from 2020 to 2025.
This report confirms the ongoing trend of steady growth in the crypto lending sector.
APX Lending is said to be the “only” SOC 2 crypto-backed lender certified by the Canadian Lenders Association — ensuring safety, security and compliance.
This partnership will broaden Netcoins’ product offering to their US clients, capitalizing on the growing USD $5.5 billion crypto-backed lending market.
Under this partnership, Netcoins USA and APX Lending will collaborate to deliver a robust and integrated trading and borrowing experience to their respective USA customers.
Together, they aim to offer a “high-touch” premium service across platforms.
This will include intuitive onboarding processes, competitive lending and trading rates for shared clients, as well as access to “lower fee” services.
APX Lending reportedly supports crypto / digital assets holders to unlock liquidity in their crypto assets by borrowing against them.
This allows borrowers to address their immediate financial needs – from paying operational expenses and payroll to funding expansion plans or upgrading new equipment – while preserving their digital assets for potential future gains.
Since expanding into the U.S. in August 2024, APX Lending has attracted over $100 million in interest from potential borrowers, highlighting the demand for compliant crypto-assets backed loans.
Andrei Poliakov, founder and CEO of APX Lending, added that this partnership with Netcoins marks a key milestone for APX Lending as we continue our U.S. expansion.
They also noted that by combining our secure and compliant lending platform with Netcoins’ established trading services, we’re offering unparalleled financial solutions to a broader audience.
Their commitment to innovation, transparency, and customer trust drives them forward in the fast-evolving digital asset landscape.
As covered, BIGG Digital Assets Inc. says that it believes the future of crypto is a safe, compliant, and regulated environment.
BIGG invests in products and companies to support this vision. BIGG has three portfolio companies: Netcoins (netcoins.com) , Blockchain Intelligence Group (blockchaingroup.io), and TerraZero (terrazero.com).
As stated in a blog post, Blockchain Intelligence Group is an industry leading digital asset forensics, anti-money laundering detection, and cryptocurrency investigations company. At the heart of our operations is a deep-rooted expertise in visualizing digital assets and market related activities.
This expertise is leveraged to monitor transactional data with a constant eye to assisting our customers with risk management, due diligence, and forensic services for digital assets.
As noted in the update, APX Lending is a Bitcoin and Ethereum-backed lending platform, registered with FINTRAC in Canada and FinCEN in the U.S..
Founded by Andrei Poliakov, co-founder of Coinberry, one of Canada’s licensed crypto exchanges, APX Lending is enhancing the landscape of crypto-backed lending.
Leveraging tech and a solid understanding of the digital asset space, APX Lending says that it now serves a fast-growing market.