Mr. Fraser Matthews reports

NETCOINS LAUNCHES CRYPTO-BACKED LENDING IN CANADA WITH APX LENDING

Bigg Digital Assets Inc.'s wholly owned subsidiary, Netcoins Inc., has launched crypto-backed lending directly inside the Netcoins Web app. For the first time in Canada, Netcoins users can now unlock cash from their crypto without selling it, powered by APX Lending.

Registered Netcoins users can now see their bitcoin (BTC) and ethereum (ETH) balances, get real-time personalized loan terms, and complete their entire lending application end to end -- all without leaving the Netcoins platform, visiting a separate website or reverifying their identity. Loans are originated and serviced by APX Lending, a separate, independent entity.

What crypto-backed lending means for Netcoins users

The integration eliminates friction for Canadians who want liquidity from their crypto holdings without triggering a sale. Through the Netcoins Web app, users looking to borrow a minimum of $10,000 can:

• View their live Netcoins bitcoin and ethereum balances and instantly calculate their maximum borrowing capacity;
• Access personalized loan terms, with up to 60 per cent loan to value (LTV), with terms from three to 60 months and interest rates from 9.99 per cent;
• Borrow in Canadian dollars (CAD), with same-day funding once collateral is received;
• Complete the entire application inside the Netcoins interface, backed by APX Lending's compliant KYC (Know Your Customer) and onboarding infrastructure;
• Track collateral on-chain anytime, assets are held by APX Lending in insured, segregated BitGo Trust cold-storage wallets and are never re-lent or rehypothecated.

No credit checks, no hidden fees, just interest on the loan. With three repayment structures to choose from: monthly interest, amortized or deferred interest, plus the flexibility to repay early or redraw at any time, the facility operates as a structured crypto-backed credit line.

"Canadians who hold bitcoin and ethereum have been sitting on meaningful value with no compliant, convenient way to access it. That changes today. By embedding APX Lending directly within the Netcoins Web App, we're providing our users with a seamless experience backed by the most rigorous regulatory framework in the market. This is what it means to build the trusted crypto ecosystem Canada deserves," said Kim Dwyer, Netcoins chief operating officer.

APX Lending is the first crypto-backed lender in Canada to have received exemptive relief from the Canadian Securities Administrators (CSA), which it received on April 1, 2025. APX is also registered with FINTRAC (MSB: M23366277) and FinCEN in the United States.

The vast majority of platforms advertising crypto-backed loans to Canadians operate offshore and lack the regulatory standing to lend domestically. The Netcoins and APX Lending integration exclusively utilizes a CSA-authorized framework, providing users with both convenience and confidence that their activity is compliant with Canadian securities law.

"Our partnership with Netcoins is a natural extension of our mission to bring regulated crypto-backed lending to every Canadian who needs liquidity without wanting to sell their crypto. Integrating directly into the Netcoins Web app means their borrowers get a seamless experience on a platform they already trust with a crypto-backed lender operating under the only regulatory framework of its kind in Canada," states Andrei Poliakov, founder and chief executive officer, APX Lending.

How to access crypto lending on Netcoins

Eligible Netcoins users can access the feature directly within the Netcoins Web app. The minimum loan size is $10,000.

About the Netcoins and APX Lending relationship

Bigg Digital Assets made a strategic investment in APX Lending in May, 2025, alongside the announcement of a commercial partnership between Netcoins and APX Lending. Today's go-live represents the full delivery of that partnership, bringing a deeply integrated, in-app lending experience to Netcoins' registered user base of over 275,000 Canadians.

About Bigg Digital Assets Inc.

Bigg Digital Assets owns, operates, and invests in crypto businesses that support a compliant and safe digital asset ecosystem. Bigg's portfolio includes:

• Netcoins -- a regulated Canadian and American crypto trading platform;
• Blockchain Intelligence Group -- blockchain analytics and forensics solutions;
• TerraZero Technologies -- immersive media, Metaverse and Web3 development.

Bigg believes the future of crypto is secure, compliant and trusted.

We seek Safe Harbor.