# Netcoins Launches Crypto-Backed Loans via APX Lending Partnership

**Published:** 2026-08-30T09:04:11.862Z  
**Topic:** Crypto Lending  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/842cafce-6e96-4c89-8881-e1c51afe26be

Netcoins users in Canada can now access crypto-backed loans through an integration with APX Lending, which provides capital and infrastructure for the service.

Netcoins has integrated APX Lending’s infrastructure to offer crypto-backed loans to its Canadian users, allowing clients to borrow against Bitcoin and Ether holdings without selling their assets [1, 2]. The move marks a shift for the Vancouver-based exchange, which is now providing credit products as a new revenue stream without the need to build in-house lending operations [1, 3].

| At a glance | |
|---|---|
| Service Launch | July 21, 2026 |
| Provider | APX Lending |
| Collateral Assets | Bitcoin and Ether |
| Deployment Time | As fast as 60 days |

## Expanding the credit layer
Under the partnership, APX Lending manages the full credit lifecycle, including capital, underwriting, collateral management, compliance, and loan servicing [2, 3]. While Netcoins serves as the customer-facing platform, APX provides the underlying technology to facilitate the loans, which users can access directly within the Netcoins app [1, 2]. This integration follows a similar expansion into the United States, where Netcoins USA has also signed a partnership agreement with APX to offer lending services [4].

APX Lending, which was granted exemptive relief by the Canadian Securities Administrators (CSA) in April to provide these loans, is positioning itself as a "lending-as-a-service" provider [1, 2]. Founder and CEO Andrei Poliakov stated that the company’s long-term strategy is to provide infrastructure for other firms—ranging from crypto exchanges to traditional banks—rather than competing directly with them [1]. By offering a white-label or API-integrated solution, APX claims it can help partners launch credit products in as little as 60 days [2, 3].

## The competitive landscape
The Canadian crypto market has seen increased activity in the lending sector, with firms like Ledn and Shakepay also pursuing similar offerings [1]. Ledn, which is based in the Cayman Islands, has historically provided Bitcoin-backed loans, while Montréal-based Shakepay has sought regulatory relief to enter the space [1]. 

Despite the growth in these offerings, the involvement of traditional financial institutions remains an open question. While Poliakov claims that APX is currently in "advanced discussions" with some Canadian banks and credit unions, these institutions have historically been reluctant to provide crypto-backed credit due to the high volatility of digital assets [1].

## What to watch
*   **Institutional Adoption:** Monitor whether any Canadian banks or credit unions move beyond "advanced discussions" to officially launch crypto-backed lending products using the APX infrastructure [1].
*   **Regulatory Developments:** Observe if additional crypto platforms secure similar exemptive relief from the CSA or provincial regulators to offer credit products, potentially increasing the competitive density in the Canadian market [1].
*   **US Market Rollout:** Track the progress of the Netcoins USA partnership with APX, specifically regarding the timeline for product availability and the regulatory framework applied to those US-based loans [4].

Whether the broader financial sector will embrace crypto-backed lending as a standard product remains the primary hurdle for the industry. For now, the success of the Netcoins integration serves as a test case for whether retail crypto users will adopt embedded credit as a primary tool for liquidity.

## Sources
1. Betakit — [APX teams up with Netcoins to offer crypto-backed loans | BetaKit](https://betakit.com/apx-teams-up-with-netcoins-to-offer-crypto-backed-loans/)
2. Tradingview — [APX Lending Launches Lending-as-a-Service With Netcoins, Giving Crypto Platforms a Faster Path to Embedded Credit — TradingView News](https://www.tradingview.com/news/prnewswire:38d9cfff054a6:0-apx-lending-launches-lending-as-a-service-with-netcoins-giving-crypto-platforms-a-faster-path-to-embedded-credit/)
3. AOL — [APX Lending Launches Lending-as-a-Service With Netcoins, Giving Crypto Platforms a Faster Path to Embedded Credit](https://www.aol.com/articles/apx-lending-launches-lending-netcoins-153700000.html)
4. Biggdigitalassets — [Netcoins USA announces partnership with APX (US) Lending to Offer Crypto-Backed Lending Services – BIGG DIGITAL ASSETS](https://biggdigitalassets.com/press-releases/netcoins-usa-announces-partnership-with-apx-us-lending-to-offer-crypto-backed-lending-services/)

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Cite as: TrendWatcher, "Netcoins Launches Crypto-Backed Loans via APX Lending Partnership", https://www.trendwatcher.in/article/842cafce-6e96-4c89-8881-e1c51afe26be