Xclaim, the only independent trading platform for crypto assets locked by bankruptcy, announced today that thousands of customers of several bankrupt crypto exchanges, including FTX, BlockFi, Celsius and Voyager have listed their accounts for sale, representing more than $200 million of crypto assets. Xclaim enables crypto account holders to recover the market value of accounts that are inaccessible during the pendency of a bankruptcy.
Currently, approximately $30 billion of crypto bankruptcy claims are held by more than 15 million account holders globally. By connecting the buyers and sellers of these frozen accounts in a competitive marketplace, Xclaim ensures that market participants have access to the most accurate data and are transacting at open-market prices.
Xclaim operates the only independent online trading platform for crypto bankruptcy claims. With the largest network of buy-side traders, crypto account holders can trust the competitive and transparent solution of an open-market platform to deliver the highest price and most favorable terms. Xclaim is relentlessly focused on helping its customers unlock value and better allocate risk amid rapidly changing market conditions.
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