diff --git a/release-notes/CREDITS-2.x b/release-notes/CREDITS-2.x
index d6f45d6d..87c27a6f 100644
--- a/release-notes/CREDITS-2.x
+++ b/release-notes/CREDITS-2.x
@@ -18,6 +18,7 @@ Contributors:
 # 2.17.0 (not yet released)
 
 WrongWrong (@k163377)
+* #763: Minor refactoring to support value class in deserialization.
 * #760: Improved processing related to parameter parsing on Kotlin.
 * #759: Organize internal commons.
 * #758: Deprecated SingletonSupport.
diff --git a/src/main/kotlin/com/fasterxml/jackson/module/kotlin/KotlinDeserializers.kt b/src/main/kotlin/com/fasterxml/jackson/module/kotlin/KotlinDeserializers.kt
index ce8bcf4f..88c179ae 100644
--- a/src/main/kotlin/com/fasterxml/jackson/module/kotlin/KotlinDeserializers.kt
+++ b/src/main/kotlin/com/fasterxml/jackson/module/kotlin/KotlinDeserializers.kt
@@ -102,14 +102,16 @@ internal class KotlinDeserializers(
         config: DeserializationConfig?,
         beanDesc: BeanDescription?,
     ): JsonDeserializer<*>? {
+        val rawClass = type.rawClass
+
         return when {
-            type.isInterface && type.rawClass == Sequence::class.java -> SequenceDeserializer
-            type.rawClass == Regex::class.java -> RegexDeserializer
-            type.rawClass == UByte::class.java -> UByteDeserializer
-            type.rawClass == UShort::class.java -> UShortDeserializer
-            type.rawClass == UInt::class.java -> UIntDeserializer
-            type.rawClass == ULong::class.java -> ULongDeserializer
-            type.rawClass == KotlinDuration::class.java ->
+            type.isInterface && rawClass == Sequence::class.java -> SequenceDeserializer
+            rawClass == Regex::class.java -> RegexDeserializer
+            rawClass == UByte::class.java -> UByteDeserializer
+            rawClass == UShort::class.java -> UShortDeserializer
+            rawClass == UInt::class.java -> UIntDeserializer
+            rawClass == ULong::class.java -> ULongDeserializer
+            rawClass == KotlinDuration::class.java ->
                 JavaToKotlinDurationConverter.takeIf { useJavaDurationConversion }?.delegatingDeserializer
             else -> null
         }
diff --git a/src/main/kotlin/com/fasterxml/jackson/module/kotlin/KotlinValueInstantiator.kt b/src/main/kotlin/com/fasterxml/jackson/module/kotlin/KotlinValueInstantiator.kt
index dee807ca..899d2484 100644
--- a/src/main/kotlin/com/fasterxml/jackson/module/kotlin/KotlinValueInstantiator.kt
+++ b/src/main/kotlin/com/fasterxml/jackson/module/kotlin/KotlinValueInstantiator.kt
@@ -5,6 +5,7 @@ import com.fasterxml.jackson.databind.BeanDescription
 import com.fasterxml.jackson.databind.DeserializationConfig
 import com.fasterxml.jackson.databind.DeserializationContext
 import com.fasterxml.jackson.databind.JavaType
+import com.fasterxml.jackson.databind.JsonDeserializer
 import com.fasterxml.jackson.databind.deser.SettableBeanProperty
 import com.fasterxml.jackson.databind.deser.ValueInstantiator
 import com.fasterxml.jackson.databind.deser.ValueInstantiators
@@ -47,14 +48,15 @@ internal class KotlinValueInstantiator(
         valueCreator.valueParameters.forEachIndexed { idx, paramDef ->
             val jsonProp = props[idx]
             val isMissing = !buffer.hasParameter(jsonProp)
+            val valueDeserializer: JsonDeserializer<*>? by lazy { jsonProp.valueDeserializer }
 
             val paramType = paramDef.type
             var paramVal = if (!isMissing || jsonProp.hasInjectableValueId()) {
-                val tempParamVal = buffer.getParameter(jsonProp)
-                if (tempParamVal == null && jsonProp.skipNulls() && paramDef.isOptional) {
-                    return@forEachIndexed
-                }
-                tempParamVal
+               buffer.getParameter(jsonProp) ?: run {
+                   if (jsonProp.skipNulls() && paramDef.isOptional) return@forEachIndexed
+
+                   null
+               }
             } else {
                 when {
                     paramDef.isOptional || paramDef.isVararg -> return@forEachIndexed
@@ -63,7 +65,7 @@ internal class KotlinValueInstantiator(
                     // Primitive types always try to get from a buffer, considering several settings
                     jsonProp.type.isPrimitive -> buffer.getParameter(jsonProp)
                     // to get suitable "missing" value provided by deserializer
-                    else -> jsonProp.valueDeserializer?.getAbsentValue(ctxt)
+                    else -> valueDeserializer?.getAbsentValue(ctxt)
                 }
             }
 
@@ -71,7 +73,7 @@ internal class KotlinValueInstantiator(
 
             if (paramVal == null) {
                 if (propType.requireEmptyValue()) {
-                    paramVal = jsonProp.valueDeserializer!!.getEmptyValue(ctxt)
+                    paramVal = valueDeserializer!!.getEmptyValue(ctxt)
                 } else {
                     val isMissingAndRequired = isMissing && jsonProp.isRequired