Crypto Special Situations
Illiquid, event-driven opportunities sourced where dislocation and forced selling create mispricing.
Contact UsBankruptcy claims
Distressed crypto exchange and lender claims, underwritten through document-level diligence and recovery-process analysis.
Stablecoin depegs
Dislocations in stablecoin pricing during depeg events, underwritten for the spread between market price and expected par recovery.
Other illiquid opportunities
Token OTC, LP and GP secondaries, and litigation-driven trades sourced through specialist networks where liquidity is scarce.
Frequently asked questions
What is a crypto special situations fund?
A crypto special situations fund invests in complex, illiquid, and mispriced digital asset situations — such as bankruptcy claims, stablecoin dislocations, and other liquidity-driven opportunities — rather than taking directional positions in liquid markets.
What makes bankruptcy claims an investable asset class in crypto?
When a crypto exchange or lender enters bankruptcy, creditors' claims to recovered assets can be bought and sold before the estate distributes funds, letting investors underwrite the recovery process itself as a distinct, event-driven opportunity. This is why investors increasingly treat bankruptcy claims as an asset class in their own right.