CYA Crypto Yield Archive Historical yield registry

Platform dossier

Vauld

Crypto lending and yield platform that halted withdrawals, trading, and deposits in July 2022 during the credit-market crisis, pursued creditor protection and a possible Nexo transaction, and remained a restructuring/outcome case.

crypto_interest_account restructuring liquidity_crisis confidence: medium

What happened?

Vauld halted customer activity after liquidity pressure in July 2022, sought protection while exploring restructuring paths, entered talks with Nexo, and became a creditor-outcome case rather than a normal active yield platform.

Customer outcome

claims_ongoing

Vauld customer outcome remains restructuring-dependent in this seed. A later pass should replace this with direct creditor or court-source details.

Estimated recovery
unknown_restructuring_dependent
Repayment started
—
Repayment completed
—
Confidence
medium

Claim / case process link

Terms risk

unknown

Keep terms status unknown until direct moratorium, scheme, or creditor process documents are reviewed.

Affected product
Vauld customer balances, yield accounts, and lending claims
Confidence
medium

Vauld customer treatment depends on the creditor protection and restructuring process. This seed does not yet establish product-level asset ownership treatment.

Source: Vauld platform halt coverage

Uncertainty

Customer outcome and current restructuring status require a later direct-source pass. This seed uses conservative classification.

Timeline

2018-01-01
launched impact: medium confidence: low

Vauld begins operating

Vauld developed as a crypto lending and yield platform serving retail users with deposit and lending products.

Launch date is approximate.

2022-07-04
withdrawals_suspended impact: critical confidence: medium

Withdrawals, trading, and deposits suspended

Vauld suspended withdrawals, trading, and deposits during the 2022 crypto credit crisis.

Core Vauld platform halt event.

2022-07-04
withdrawals_suspended impact: critical confidence: medium

Vauld halts withdrawals, trading, and deposits

Vauld suspended customer withdrawals, trading, and deposits during the 2022 credit crisis.

Core Vauld halt event.

2022-07-05
asset_sale_announced impact: high confidence: medium

Nexo transaction talks announced

Vauld announced exploratory acquisition or transaction discussions with Nexo after the platform halt.

Later transaction outcome needs direct source upgrade.

2022-07-08
restructuring_started impact: high confidence: medium

Nexo acquisition talks announced

Vauld and Nexo announced an indicative term sheet for a potential acquisition as Vauld explored restructuring options.

Potential rescue path; later did not resolve the outcome.

2022-07-08
restructuring_started impact: high confidence: medium

Vauld seeks creditor protection

Vauld sought protection and restructuring time after the platform halt.

Needs direct court-source upgrade.

2022-07-20
restructuring_started impact: high confidence: low

Creditor protection reported

Vauld sought protection from creditors while attempting to restructure after suspending platform activity.

Needs stronger direct court/source confirmation.

2022-12-26
asset_sale_announced impact: high confidence: medium

Nexo acquisition path ends

The potential Nexo acquisition path reportedly ended, leaving Vauld in a continuing restructuring and customer-outcome process.

Outcome remains unresolved in this seed.

2023-01-01
restructuring_started impact: high confidence: low

Vauld restructuring process continues

Vauld remained in a creditor and restructuring process after proposed transaction paths did not quickly restore normal platform operations.

Placeholder seed event requiring direct creditor update sources.

Evidence dossier

news_article medium event

Vauld platform halt coverage

Reuters · 2022-07-04

Supports Vauld halt event. URL should be verified in a later direct-source pass.