India's cryptocurrency exchange WazirX recently announced an asset rebalancing and distribution plan, which has been approved by creditors and the court. This plan mainly includes four aspects:

First, WazirX will rebalance its net liquid platform assets to ensure fair value distribution and plans to make the first distribution in the form of tokens within 10 days after the plan takes effect.

Second, the exchange will issue Recovery Tokens (RTs) for the distribution of recovered amounts from surplus, illiquid wallet assets, and stolen assets. When the net recovery exceeds $10 million, creditors will have the opportunity to purchase RTs quarterly.

Additionally, WazirX is evaluating the future trading functionality of RTs to increase liquidity.

Finally, all distribution withdrawals will strictly adhere to KYC and risk management requirements to ensure compliance.