Your crypto collateral is held with BitGo Trust Company, Inc., a licensed and regulated U.S. custodian that specializes in digital asset custody. BitGo provides up to $250 million in insurance coverage against theft, hacks, and loss.
To securely move your assets into custody, APX Lending uses Fireblocks, a world-leading transfer platform that adds an additional $35 million in insurance coverage during transit. Fireblocks uses multi-party computation (MPC) technology to eliminate single points of failure and ensure secure transfers.
Key Safeguards for Your Collateral
Segregated Cold Storage – Your assets are never pooled; they are kept in individually segregated wallets.
On-Chain Transparency – Your collateral is visible to you throughout the loan, providing real-time, on-chain proof-of-reserves.
Insurance Protection – $250M coverage from BitGo plus $35M coverage while in transit with Fireblocks.
Regulated Custody – BitGo is SOC 2 certified and regulated in the U.S.
By combining BitGo’s institutional custody with Fireblocks’ secure transfer technology, APX ensures that your crypto collateral remains safe, insured, and transparent throughout the life of your loan.
Learn more about our custodians:
BitGo: https://www.bitgo.com
Fireblocks: https://www.fireblocks.com
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