Bitcoin-Backed Mortgages Are Coming to Canada, but Borrowers Still Face Hidden Costs
Key Highlights APX founder and CEO Andrei Poliakov estimates the Canadian market for bitcoin-backed real estate financing is valued between $44 million and $73 million. Approximately 15.8% of APX’s existing crypto-backed loan volume is currently tied to real estate transactions. Under the proposed model, purchasing a $475,000 property without a cash down payment would require ...