APX Lending Announces Landmark Decision by Canadian Securities Regulators

APX Lending is pleased to announce the Canadian Securities Administrators (CSA) have issued a first-of-its-kind decision, granting the company exemptive relief from

Canadian Securities Administrators (CSA) Approves Exemptive Relief for APX Lending to Provide Crypto-Backed Lending Services in Canada

TORONTO, April 2, 2025, /PRNewswire/ -- APX Lending Inc. ("APX Lending") is pleased to announce that the CSA has issued a first-of-its-kind decision, granting the company exemptive relief from certain registration and prospectus requirements. The decision, dated April 1, 2025, is available on the Ontario Securities Commission’s website at https://www.osc.ca/en/securities-law/orders-rulings-decisions/apx-inc.

This landmark decision paves the way for APX Lending to become the first crypto-backed lender in Canada to offer borrowers a fully compliant and accessible solution for accessing liquidity using their digital assets as collateral. As the global crypto-backed lending market is poised to exceed $45 billion by 2030, the demand for trusted solutions that integrate digital assets into the traditional economy is rapidly increasing.

APX Lending is uniquely positioned to meet this demand with its institutional-grade lending platform. The company's clients can deposit Bitcoin or Ethereum as collateral and apply for liquidity through flexible, competitive loan terms. Furthermore, APX Lending offers an industry-leading level of protection with advanced security measures, stringent adherence to Canadian regulatory directives, and insured cold storage custody for optimal safety. A robust risk management framework ensures transparency, safety, and security for both retail and institutional borrowers.

"We are thrilled to have received this landmark decision from the CSA, which is a testament to our commitment to operating a compliant and responsible crypto-backed lending business," said Andrei Poliakov, founder and CEO of APX Lending. "Crypto-backed lending should be safe, secure, and simple to access. By engaging closely with Canadian regulators and being the first to apply for this new type of activity, we are setting a new standard for compliance and service in the industry."

This decision marks a significant step in integrating crypto into mainstream finance and expanding the options available to borrowers and lenders across Canada. APX Lending is now fully equipped to launch its core lending platform and begin servicing Canadian clients. Moreover, APX Lending is seeing increasing interest in its white-label lending solution, which allows banks, financial institutions and other lenders to seamlessly integrate crypto-backed lending into their offerings.

With this regulatory milestone achieved, APX Lending is poised to rapidly expand its operations. The company is actively pursuing new licenses and authorizations in the U.S., Australia, New Zealand, and other key global markets to broaden its reach and impact.

About APX Lending

APX Lending is a crypto-backed lending platform that provides borrowers with instant liquidity in a fully compliant and secure manner. The company allows retail and institutional borrowers to leverage their digital assets without selling them, offering a convenient and accessible borrowing experience.

Founded by Andrei Poliakov, co-founder of Coinberry, one of Canada’s oldest and largest regulated crypto exchanges, APX Lending is at the forefront of the rapidly expanding crypto-backed lending industry. The company is a leading innovator in developing cutting-edge lending solutions that meet the evolving needs of today's financial landscape.

For additional information, please contact:

Media Relations

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Cautionary Note Regarding Forward-Looking Statements

This press release includes "forward-looking information" within the meaning of applicable Canadian securities laws. In some cases, forward-looking information can be identified by the use of words such as "may," "will," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue," and by discussions of strategies that involve risks and uncertainties, such as in particular those relating to the size of the market for crypto-backed lending and other new products and the success of APX Lending in launching and expanding its products and services.

This press release includes forward-looking information, such as statements relating to the expectations of the size and success of APX Lending's lending and other business activities. The forward-looking information is based on certain key expectations and assumptions made by APX Lending, including with respect to the ultimate market size and demand for crypto-backed lending in Canada and internationally and all other statements that are not historical facts.

By its nature, such forward-looking information necessarily involves known and unknown risks and uncertainties that may cause the actual results, performance, prospects and opportunities of future periods of APX Lending to differ materially from those expressed or implied by such forward-looking statements. Furthermore, the forward-looking statements contained in this press release are made as of the date of this press release and neither APX Lending nor any other person assumes responsibility for the accuracy and completeness of any forward-looking information, and no one has any obligation to update or revise any forward-looking information, whether as a result of new information, future events or such other