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August 19, 2025

WazirX Secures 95% Creditor Approval for Restructuring Plan Ahead of Court Decision

WazirX has garnered significant support for its restructuring efforts, achieving a remarkable 95.7% approval from creditors following a successful revote on the Amended Scheme of Arrangement. Out of 149,559 creditors, holding claims totaling $206.9 million, an impressive 143,190 voted in favor, showcasing a strong backing for the companyโ€™s plans. As the next step, the court’s greenlight is now awaited, which will determine WazirX’s financial restructuring future. This development is promising for stakeholders and signifies a collective effort to stabilize operations amid challenging market conditions.

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