Keep your claim and get cash. Learn about the FTX Claim Advance Program

Discover your next trade on Xclaim.

Access proprietary deal flow and simplify your sourcing efforts, with real-time market intelligence and pricing, and efficient value recovery.
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Xclaim is the leading clearinghouse for bankruptcy claims. We serve claim holders in the most actively traded cases — including lenders, note holders, trade creditors, and litigation claimants. We provide sophisticated tools and services to ensure a seamless experience for claim management, price discovery and immediate liquidity.
$391M
claims traded in 2023
$1B
claims traded all time
53%
share of online trades
Our mission is to:
  • Inform your decision-making with trusted market data
  • Deliver better pricing and terms through buyer competition and exclusive supply
  • Optimize for your unique business objectives through creative deal structuring
  • Empower all market participants to transact with confidence

Buying a Claim

Sourcing claims is simple when they're just a click away. Xclaim aggregates more claims and sources more exclusive opportunities for claim buyers than any other market solution. Find, bid and buy faster than ever before, all on a single platform.
Market Intelligence
Gain an edge with proprietary market data for pricing, inventory and trading volumes
Smart Sourcing
Specify your target criteria and automate engagement to matching claims
Brokered Sales
Gain access to the pre-qualified claims of committed sellers through a formal sale process
Dedicated Solutions
Engage us to uncover opportunities and execute your strategy
Portfolio Servicing
Extract instant liquidity in the secondary market and value holdings with defensible mark-to-market pricing

Steps to Buy

Register

1

  1. Create and verify your buyer account
  2. Accept terms to access the marketplace and exclusive deals

Assess the Market

2

  1. Review Xclaim public pricing and market data
  2. Monitor new cases and opportunities with Xclaim intelligence
  3. Featured claims delivered right to your inbox

Conduct Diligence

3

  1. View claim details, seller information and supporting documents
  2. Request additional diligence materials to inform your bid

4

Bid

  1. Submit your bid as a percentage of the claim amount
  2. Use Xclaim's market-accepted trade terms or propose your own

Trade

5

  1. Upon the seller's acceptance of your offer, Xclaim will confirm the trade and introduce the seller to facilitate confirmatory diligence and documentation (Xclaim handles the paperwork!)
  2. Xclaim will coordinate deal execution, closing and court noticing
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Finding value for our clients in the largest and most complex cases
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Connecting our clients to value every day.
"Xclaim can help you understand your options, and have a course-of-action for your claim."
Institutional Seller, United States
"They just did what they said they were going to do. Any slight concerns? They responded super quick and seemed to be able to deliver on their promise, which is all we want."
Institutional Seller, China
"Xclaim offered me options for liquidity. The process was smooth and simple."
Institutional Seller, Italy
Representative Trades
$105M
Sale of participation interests in claim held by trustee for fraudulently stolen assets in a Japanese insolvency proceeding
$90M
Sale of disputed contract rejection claim held by California-based e-sports company. Xclaim designed and executed a marketing campaign and auction that resulted in a sale price that exceeded the present value of the pre-petition contract.
$51M
Sale of secured loan claim to a strategic buyer identified by Xclaim that resulted in successful acquisition of the debtor by credit bid.
$56M
Sale of crypto loan claims held by Korean exchange. Xclaim facilitated a competitive auction and carefully orchestrated claim sale to minimize closing risk amidst sensitive CEO turnover and satisfy seller's requirement to receive $23M purchase price in Bitcoin.
$18M
Sale of portfolio of customer claims held by high net worth individuals. Xclaim ran a rapid auction process, obtaining a premium for smaller sellers by pooling their claims.
$14M
Sale of contingent unsecured claim held by public figure. Xclaim negotiated a private transaction that provided immediate cash plus litigation support and substantial upside to the seller.
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Featured Case
Current Max Price
18.00
0.00%
 (last 10 days)
Volume Traded
$200M
34
 total claims
Current Max Price
19.00
-26.92%
 (last 10 days)
Volume Traded
$444M
88
 total claims
Current Max Price
90.00
0.00%
 (7-day trend)
Volume Traded
$211.5M
 total claims
Current Max Price
134.00
+1.51%
 (7-day trend)
Volume Traded
$9.6B
9,695
 total claims
Buy FTX Claims