To bring additional liquidity, Nischal Shetty, the CEO of Wazirx said, We will partner with multiple liquidity providers; however, he abstained from naming their potential partners.
Regarding the impact of uncertain crypto regulations on the project, Shetty said that he was “confident about positive crypto regulations coming in India.”
It is a notable step for the organization to work on a new crypto project as the project risks coming to a standstill with almost no users if the draconian blanket ban bill proposed in 2019 were to become a law in India.
