APX Lending has successfully secured $20 million in funding to enhance its crypto-backed loan offerings in Canada. The investment aims to facilitate the expansion of their services, enabling the company to provide more accessibility to crypto-backed loans for Canadian consumers. APX Lending plans to utilize this capital to improve its technology infrastructure and increase its market presence in the competitive landscape of the cryptocurrency lending sector. The funding round is a significant step for APX as it seeks to capitalize on the growing demand for alternative lending solutions within the cryptocurrency market, particularly among individuals seeking liquidity without liquidating their digital assets.

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