July 28, 2025

WazirX Founder Confirms Asset Distribution Will Be in Tokens, Not Fiat or USDT

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In a tweet earlier today, Nischal Shetty, founder and CEO of WazirX, India’s embattled crypto exchange, revealed a key detail of the company’s ongoing restructuring efforts. Shetty confirmed that WazirX will distribute assets to users in crypto tokens, not fiat or stablecoins. WazirX’s Distribution Plan Pending approval of the proposed restructuring scheme, users will receive The post WazirX Founder Confirms Asset Distribution Will Be in Tokens, Not Fiat or USDT appeared first on Coin Edition .

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