WazirX to resume operations from October 24
23 Oct 2025, 04:47 PMThe exchange's plans to resume operations follows approval of a comprehensive restructuring proposal by a Singapore High Court.
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Indian cryptocurrency exchange WazirX said it will resume its trading services on October 24, 2025, after the platform was forced to cease operations in mid-2024 when hackers stole approximately $235 million worth of digital assets.
The exchange's plans to resume operations follows approval of a comprehensive restructuring proposal by a Singapore High Court.
The company, founded by Nischal Shetty, said that more than 95% of affected creditors have backed the restructuring plan, which outlines how the platform will settle outstanding claims and restore normal operations under judicial oversight.
Trading on WazirX will begin with zero trading fee across all markets.
It said that trading will be enabled gradually over four days, beginning October 24, 2025. Each day, around 25% of all tokens will be enabled for trading until the platform reaches full functionality by October 27.
WazirX has enlisted BitGo, a prominent crypto custody provider, to safeguard user assets through enterprise-level storage infrastructure.
The exchange also intends to broaden its cryptocurrency offerings and introduce additional trading options as it works to regain its market position.
WazirX had drawn much flak after the security breach last year as it sought to "socialise" the losses by making its customers bear the brunt of it. This wasn't the first time the company was confronted with a hurdle. Click here to read about the company's volatile journey.
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