WazirX Restructuring Plan Approved by High Court: Vote Scheduled for March 2025

WazirX has received a crucial approval, with the Singapore High Court confirming their debt restructuring plan for creditors. This decision is vital as it safeguards against substantial liquidation impacts and paves the way for financial recovery. The exchange’s official statement emphasizes its alignment with the best interests of creditors. Key players in this process include WazirX leadership and the Community of Creditors (CoC), who will ultimately vote on the plan.