DeFi Daily News
Friday, June 6, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi NFT

rewrite this title and make it good for SEO Crypto Lending Platform APX Secures $20M  From Private Credit Firm Cypress Hills – NFTgators

Nicholas Kitonyi by Nicholas Kitonyi
April 11, 2025
in NFT
0 0
0
rewrite this title and make it good for SEO Crypto Lending Platform APX Secures M  From Private Credit Firm Cypress Hills – NFTgators
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1200 words and keep HTML tags

Quick take:

The Toronto-based company allows borrowers to use digital assets as collateral.

APX Lending plans to use the new capital to accelerate its expansion in Canada amid rising demand for crypto-backed lending.

The company recently received an exemptive relief from the Canadian Securities Administration, exempting it from various registration and prospectus requirements.

APX Lending has secured $20 million in funding from private credit investment firm Cypress Hills. The fundraising was structured as an accordion facility, allowing the Toronto-based lending company to increase the amount borrowed without significantly altering the terms. 

APX allows users to use crypto assets as collateral for loans. The company plans to use the fresh capital to accelerate its expansion in Canada amid rising demand for crypto-backed lending.

The announcement comes at a time when crypto-backed loans are re-emerging after the uncertainty triggered by the events in 2022 that saw several providers collapse.

It also comes just over a week after APX received an exemptive relief from the Canadian Securities Administration, exempting it from various registration and prospectus requirements.

Commenting on the CSA exemptive relief, Andrei Poliakov, Founder and CEO of APX Lending, said: “Crypto-backed lending should be safe, secure, and simple to access. This decision by Canadian regulators helps bring crypto further into the mainstream — it’s a major step toward building a globally compliant crypto-backed lending ecosystem.”

“This accordion facility from Cypress Hills marks a major step forward in our mission to make crypto-backed loans transparent, secure, and accessible to Canadians,” Poliakov added in a statement in Friday’s announcement.

Stay on top of things:

Subscribe to our newsletter using this link – we won’t spam!

Follow us on X and Telegram.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: 20mAPXcreditCryptoCypressFirmGoodHillsLendingNFTgatorsPlatformPrivaterewriteSecuresSEOtitle
ShareTweetShare
Previous Post

rewrite this title Scroll Approves Euclid Upgrade Proposal, Set To Become First Stage 1 ZK-Rollup Within Two Weeks

Next Post

rewrite this title ‘G20’ Review: Viola Davis Plays an Action-Hero President

Next Post
rewrite this title ‘G20’ Review: Viola Davis Plays an Action-Hero President

rewrite this title ‘G20’ Review: Viola Davis Plays an Action-Hero President

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
The Future of Blockchain: An Inside Look at Cardano

The Future of Blockchain: An Inside Look at Cardano

July 18, 2024
Mastering Crypto Mining: A Step-By-Step Guide

Mastering Crypto Mining: A Step-By-Step Guide

September 12, 2024
Can I buy A House With Crypto? RWA DeFi Revolution

Can I buy A House With Crypto? RWA DeFi Revolution

April 16, 2025
Moralis Web3: Enterprise-Grade Crypto PnL API for Tracking Wallet Profit & Loss

Moralis Web3: Enterprise-Grade Crypto PnL API for Tracking Wallet Profit & Loss

July 24, 2024
Forecasting Reserve Rights (RSR) Prices: 2024, 2025, 2026, 2027 Through 2030

Forecasting Reserve Rights (RSR) Prices: 2024, 2025, 2026, 2027 Through 2030

September 18, 2024
rewrite this title with good SEO What Bitcoin Indicators Predict For Q3 2025?

rewrite this title with good SEO What Bitcoin Indicators Predict For Q3 2025?

April 18, 2025
rewrite this title with good SEO SUI Rally At Risk? Analysts Warn Of 30% Dip If This Level Doesn’t Hold

rewrite this title with good SEO SUI Rally At Risk? Analysts Warn Of 30% Dip If This Level Doesn’t Hold

June 6, 2025
rewrite this title Top Smartphones Under Rs. 15,000 in India (June 2025): Check List

rewrite this title Top Smartphones Under Rs. 15,000 in India (June 2025): Check List

June 6, 2025
rewrite this title Nene Leakes And TS Madison Spark Heated Debate Over Alleged Insults | Celebrity Insider

rewrite this title Nene Leakes And TS Madison Spark Heated Debate Over Alleged Insults | Celebrity Insider

June 6, 2025
rewrite this title How Circle’s IPO Stacks Up Against Other Crypto Market Debuts – Decrypt

rewrite this title How Circle’s IPO Stacks Up Against Other Crypto Market Debuts – Decrypt

June 5, 2025
rewrite this title Canadian Open: Rory McIlroy left trailing after one-over par opening round in first tournament since PGA Championship

rewrite this title Canadian Open: Rory McIlroy left trailing after one-over par opening round in first tournament since PGA Championship

June 5, 2025
rewrite this title Best of Show: Talking AI, Personalization, and Authentication on the Finovate Podcast – Finovate

rewrite this title Best of Show: Talking AI, Personalization, and Authentication on the Finovate Podcast – Finovate

June 5, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.