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APX Lending to launch Bitcoin-backed mortgages in Canada by early 2027

29 Oct 2026, 13:00 WIB
AMBCrypto
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Bullish
APX Lending to launch Bitcoin-backed mortgages in Canada by early 2027

APX Lending, a Toronto-based crypto lender, plans to offer Bitcoin-backed mortgages in Canada starting Q1 2027. This product allows homebuyers to use Bitcoin as collateral for property loans without selling their crypto, helping them retain exposure to Bitcoin's potential gains. While interest rates and terms are yet to be announced, the company emphasizes protecting borrowers by not lending out or reinvesting the pledged Bitcoin. The move taps into Canada's large mortgage market and follows similar offerings in the U.S., signaling growing integration of crypto assets in traditional finance.

Bitcoin-backed mortgages in Canada are planned by APX Lending, with terms pending, offering context for readers interested in crypto developments. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 29, 2026 16:31 WIB: out of 50 priced major cryptocurrencies, 8 rose and 41 fell today. Notable movers include KSM at Rp66.556 with a 1-day change of -4.48% and Pluang order activity showing 87% Sell / 13% Buy.

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