Business
BIGG, Netcoins make Strategic Investment in APX Lending
VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. ( ...
About this update from Bigg Digital Assets Inc.
[{"type":"text","content":"BIGG, Netcoins make Strategic Investment in APX Lending\n\n\n\n VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) --\n \n BIGG Digital Assets Inc.\n \n (“\n \n BIGG\n \n ” or the “\n \n Company\n \n ”)\n \n (TSXV: BIGG; OTCQX: BBKCF; WKN: A2PS9W),\n \n a leading innovator in the digital assets space and owner of\n \n\n Netcoins\n \n\n ,\n \n\n Blockchain Intelligence Group\n \n\n , and\n \n\n TerraZero\n \n\n is pleased to announce a strategic investment in APX Lending by BIGG Digital Assets and the formation of a partnership between APX Lending and Netcoins.\n \n\n\n\n\n\n\n Highlights\n \n\n\n\n BIGG Digital Assets has strategically invested in APX Lending’s latest fundraising round. APX Lending will use the funds for further aggressive growth in Canada and the US.\n \n\n Last month, APX Lending received Exemptive Relief from the Canadian Securities Administrators (CSA) - a first-of-its-kind decision for a crypto-backed lending business in Canada.\n \n\n Netcoins and APX Lending have entered into a partnership to expand crypto-backed lending in Canada and the U.S., with coordinated go-to-market efforts planned throughout 2025.\n \n\n\n\n “The global crypto-backed lending market is projected to exceed\n \n\n $45 billion by 2030\n \n\n , and Netcoins wants to ensure that our clients are at the forefront of access to this product,” said Netcoins CEO Fraser Matthews. “Andrei Poliakov has a long track record of success, and we are very excited to introduce our users to crypto lending, both as an investor and as a partner.”\n \n\n “The demand we’ve seen for compliant and regulated crypto-backed lending has been consistently strong, especially as more investors look to unlock liquidity without compromising security. BIGG’s investment and the partnership with Netcoins reinforce the momentum we’re building. With a clear regulatory advantage and the right partners, we’re well-positioned to continue to scale across Canada and the US in 2025 and beyond,” stated Andrei Poliakov, CEO and Founder, APX Lending.\n \n\n\n About APX Lending\n \n\n APX Lending is a crypto-backed lending platform, providing instant liquidity to borrowers while maintaining compliance and security. The company enables retail and institutional borrowers t...