--- title: "APX plans bitcoin-backed mortgages in Canada" description: "APX is preparing to offer bitcoin-backed mortgages in Canada, CoinDesk reported. Prospective borrowers would face collateral liquidation risks if bitcoin…" language: en canonical: "https://whycoinmoves.com/en/events/bitcoin-bitcoin-backed-mortgages-are-coming-89e610efb45093" published: 2026-10-28T21:13:58.000Z updated: 2026-10-29T21:14:00.000Z indexable: true --- # APX plans bitcoin-backed mortgages in Canada APX is preparing to offer bitcoin-backed mortgages in Canada, CoinDesk reported. Prospective borrowers would face collateral liquidation risks if bitcoin… Attributed sources: [CoinDesk]() ## Key facts APX is preparing to offer bitcoin-backed mortgages in Canada, CoinDesk reported. Prospective borrowers would face collateral liquidation risks if bitcoin prices drop, according to the report, and APX said property and crypto collateral will be handled distinctly. Evidence strength: Single source, 1 publisher group(s) (CoinDesk). After site detection, observed returns were 5 minutes: -0.00% (Oct 28, 2026, 21:13 → Oct 28, 2026, 21:18, UTC; Gate · USDT); 1 hour: -0.08% (Oct 28, 2026, 21:13 → Oct 28, 2026, 22:13, UTC; Gate · USDT); 24 hours: -2.66% (Oct 28, 2026, 21:13 → Oct 29, 2026, 21:13, UTC; Gate · USDT) In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.01% (OKX · USDT; cutoff Oct 28, 2026, 21:13, UTC). ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | -0.00% | -0.00% | 0.00 pp | Oct 28, 2026, 21:13 → Oct 28, 2026, 21:18 | Gate · USDT | | 1 hour | -0.08% | -0.08% | 0.00 pp | Oct 28, 2026, 21:13 → Oct 28, 2026, 22:13 | Gate · USDT | | 24 hours | -2.66% | -2.66% | 0.00 pp | Oct 28, 2026, 21:13 → Oct 29, 2026, 21:13 | Gate · USDT | ## Historical hourly baseline | Metric | Value | | --- | --- | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.14% | | 99th percentile of absolute hourly returns | 1.01% | | BTC beta | 1.00 | | Source / cutoff (UTC) | OKX · USDT / Oct 28, 2026, 21:13 | ## Claims and open questions - CoinDesk reported that APX is bringing bitcoin-backed mortgages to Canada. - According to CoinDesk, prospective borrowers face collateral liquidation risks if bitcoin prices drop. - APX said property and crypto collateral will be handled distinctly, CoinDesk reported. - What loan-to-value limits, collateral thresholds and liquidation terms APX will apply to bitcoin collateral, and whether an official filing or product disclosure confirms them. - Which Canadian lenders or regulators have approved or commented on the mortgage product, and what licensing it operates under. ## Source evidence - [Bitcoin-backed mortgages are coming to Canada, but borrowers are still unaware of the cost]() — CoinDesk; published Oct 28, 2026, 21:13; received Oct 28, 2026, 21:13 (UTC). ## Recent BTC events and market reactions - [Strategy reports record $20.91 billion operating income for Q3 2026]() — Published Oct 29, 2026, 23:18 (UTC) · Single source (1 publisher) · General news · 5m -0.07% / 1h -1.96% - [Bitcoin falls below $79,000 as suspected Binance hack roils markets]() — Published Oct 29, 2026, 23:06 (UTC) · Multiple publishers (3 publishers) · Security · 5m +0.01% / 1h -1.21% - [Bank of Russia approves NAUFOR as first self-regulatory body for crypto exchanges]() — Published Oct 29, 2026, 15:03 (UTC) · Single source (1 publisher) · General news · 5m +0.14% / 1h +0.70% - [Swiss spot bitcoin ETF gains international access on SIX]() — Published Oct 29, 2026, 14:15 (UTC) · Single source (1 publisher) · General news · 5m -0.06% / 1h +1.27% - [Quantum model reduces hardware needed to break bitcoin keys by 17 times]() — Published Oct 29, 2026, 13:55 (UTC) · Single source (1 publisher) · General news · 5m +0.16% / 1h +1.10% - [Full coin archive]() ## Research for this archive - [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns]() - [Will Bitcoin go back up? Every crash since 2011 and its recovery time]() - [Perpetual funding rates and annualized yield: a 2025 comparison]() - [Bitcoin halving and bull markets: evidence from four halvings]() Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished. [Methods and limitations]()