Crypto exchange WazirX will resume operations on October 24, following the successful completion of the restructuring process as approved by the High Court of Singapore.
As part of the restart offer, all users will benefit from 0 percent trading fees on all trading pairs. This initiative will help WazirX users trade without the burden of fees on every trade, the exchange said in a press release.
The approved plan will help users affected by the 2024 hacking incident recover stolen assets worth $234.9 million (approximately ₹2,000 crore). The distribution of recoveries among the scheme’s creditors will be managed through Zanmai India, a reporting entity under the Financial Intelligence Unit of India.
The relaunch will begin with select crypto-to-crypto pairs and USDT/INR pairs, followed by the gradual expansion of additional markets in the coming days.
To ensure the safety of funds, WazirX has partnered with BitGo, a global leader in digital asset custody, to protect platform assets through institutional insurance solutions.
Nischal Shetty, Founder of WazirX, said: “Asset security is a critical aspect in the global crypto ecosystem right now. Our partnership with BitGo adds an extra layer of trust and protection with world-class custody standards as we restart.”
Earlier this week, WazirX completed token swaps, mergers, delistings, token migration, and any rebranding the tokens may have undergone. WazirX can restart operations and initiate token distributions to creditors within 10 business days, as estimated. In addition, the platform is working on issuing Recovery Tokens to creditors.
Published on October 23, 2025
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