In a major development, WazirX has announced that over 90% of its creditors have expressed support for its proposed restructuring plan. This strong backing marks a significant step forward as the company prepares for a strategic court review in Singapore. The restructuring aims to navigate recent challenges while paving the way for a sustainable future. Creditor support is crucial in stabilizing operations and instilling confidence among stakeholders. WazirX’s proactive measures reflect its commitment to transparency and long-term viability in the competitive cryptocurrency landscape. The upcoming court review will play a critical role in determining the company’s path ahead, signaling potential positive outcomes for the future.