CoinLoan

Background

CoinLoan, a crypto lending and borrowing platform, entered restructuring in 2023, restricting withdrawals and leaving creditors facing an uncertain recovery process.

Restructurings can be constructive, but they are rarely fast. Creditors were left holding positions of unclear value, with limited visibility into how much they would ultimately recover or when distributions might begin.

Our role

VL Capital Management offered creditors a path to immediate liquidity by acquiring their claims against the platform. We absorbed the restructuring risk so claimants did not have to.

Our team assessed the platform’s asset base, the structure of the restructuring plan, and where each claim sat in the order of repayment. On that basis we extended fair, upfront offers — with no obligation and no fee to obtain a valuation.

Outcome

• Creditors accessed capital without waiting for the restructuring to conclude
• Reduced uncertainty and downside exposure
• A clear, confidential claims-acquisition process
• A single, definitive transaction in place of an open-ended wait

For creditors who preferred certainty today over a contingent outcome later, the claim sale provided a clean resolution.