BIGG Digital Bets On Crypto Lending With APX Partnership
What’s going on here?
BIGG Digital Assets is stirring the crypto waters with its strategic investment in APX Lending, aiming to lead the North American crypto-backed lending market.
What does this mean?
BIGG Digital, which owns Netcoins and Blockchain Intelligence Group, is teaming up with APX Lending—a platform centered on crypto loans. This investment doesn’t just bolster their portfolio; it signifies a strategic push into the booming crypto lending sector. Although the investment sum is undisclosed, the ambition is clear: expand aggressively in Canada and the US. Importantly, APX Lending secured exemptive relief from Canadian regulators, boosting the credibility of crypto loans in Canada. With joint marketing efforts launching in…