Xclaim

Xclaim is recognized as the leading online trading platform in the global bankruptcy claims market, which is valued at approximately $1 trillion. The platform lists over 1.8 million claims and is connected to a buyer network comprising investment funds that manage more than $90 billion in capital. Xclaim provides a comprehensive service that includes a centralized, searchable database equipped with intelligent sourcing and diligence tools, and supports end-to-end transaction capabilities. The company has successfully raised $7 million in Series A financing to further develop its platform, specifically to expand its capabilities in the crypto bankruptcy claim sector. To date, Xclaim has facilitated the trading of over $800 million in claims, with significant transactions in individual cases amounting to $174 million, $153 million, and $69 million. Additionally, Xclaim offers a Claim Advance Program that enables claim holders to receive advances on future distributions, enhancing their financial flexibility. The platform also provides real-time market pricing data, benefiting thousands of market participants, and utilizes a sophisticated matching engine to ensure fair and accurate pricing. By enabling more efficient trading of bankruptcy claims, Xclaim helps claim holders recover their assets more quickly and effectively, and plays a pivotal role in major bankruptcy cases, assisting leading brands in testing the market to secure the best terms.