Well, would you believe it? WazirX, that wiry little cryptocurrency exchange, took a swan dive just this past day, tumbling a whole 14.96% to a mere $0.07386, and what’s more, it felt as if it was plummeting right off a cliff! So now, they boast a market cap of $28.2 million, and-hold onto your horses-an unlocked market cap of $72.66 million! Trading activity didn’t dodge a bullet either, not at all, with its 24-hour volume ebbing away by 51.38% to just $124,910. And this bad news barbering the ladies and gentlemen of the carousel just in time for the big reveal of the Amended Scheme of Arrangement revote results. Quite the scene with all the anticipation, don’t you think?
Now, if my memory serves me right, on August 7, WazirX sashayed over to X and gave everyone an applaud for their participation in the voting fandango, before delicately stepping through to the next dainty steps in this bureaucratic promenade.
With the revoting for the Amended Scheme of Arrangement snugly wrapped up, we extend our hearty thanks to all who participated and unsheathed their pencils for the occasion. The next act on this stage is none other than the independent verification of all submitted votes by none other than Josh Taylor and Henry Anthony Chambers of the estimable Alvarez & Marsal Pte Ltd. My, my, the line-up of honor!
– WazirX: India Ka Bitcoin Exchange (@WazirXIndia) August 7, 2025
As soon as the report from Joshua and Henry settles in, Zettai is expected to sally forth with a notice to the whole gang of Scheme Creditors. This list will share the granular verified revote results and kindly instruct these goose-watching creditors on how they might peer at a list showing the individual votes as confirmed by our dear Independent Assessors. According to the tale woven by WazirX’s timetable, this important missive is slated to be delivered post-haste on August 18.
Now, as much as investors and analysts chew over steaks of uncertainty about the revote-they just can’t seem to resist pinching their noses anticipating a bang-or rather a whimper-from the verified results, which might either send WRX soaring like a motherless transistor radio or plummet like a sack of catfish into the depths of market sentiment.
As we peer down these next days, they promise to be purty important. Once the notice is sent out, creditors will be treated to the spectacle of full results, and the market could very well do a jitterbug in response. Right now, the focus remains like a jittery mustang on the verification, and what this whole mess will shake out to for WazirX and its band of betters and investors.
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2025-08-18 09:41