Butn and apx joint venture: Butn LTD and APX Lending have formed a joint venture, marking a MAJOR initiative in crypto finance. The venture combines Butn’s regulatory expertise with APX’s advanced technology, aiming to revolutionize the crypto-backed lending market in the APAC region.
Significant market potential: The joint venture targets a market valued at about 20 billion USD, addressing the demand for secure crypto-backed loans in Australia, New Zealand, and beyond. This initiative leverages the capacities of both companies to offer compliant and secure lending solutions to underserved borrowers.