Nischal Shetty is a crypto entrepreneur who co-founded WazirX and Shardeum, two of the more prominent blockchain ventures to emerge from India. Nischal Shetty's Twitter Score is 98 out of 1000 (a Good rating) as of July 2026, ranking #8,634 (top 5%) among 531,432 tracked accounts.
Nischal Shetty co-founded WazirX alongside Siddharth Menon and Sameer Mhatre, building the exchange to over 16 million users. In July 2024, WazirX suffered a major cyberattack that resulted in the loss of over $230 million worth of digital tokens, forcing the platform to suspend withdrawals and halt services. Following the hack, a restructuring plan backed by roughly 95.7% of creditors was approved by the Singapore High Court, and WazirX resumed operations in India on October 24, 2025 after a 15-month hiatus. As part of the revival, WazirX announced plans to issue Recovery Tokens to compensate affected users and partnered with BitGo for insured custody solutions.
Nischal Shetty has also been at the center of a prolonged ownership dispute involving Zanmai Labs and Binance, which previously updated its acquisition announcement to clarify that its deal covered only certain assets and intellectual property of WazirX. An Enforcement Directorate investigation into Zanmai Labs for allegedly allowing money laundering added further complexity to the situation, with Binance denying ownership of Zanmai Labs while Shetty pushed back publicly. As of October 2025, no CEO had been appointed at WazirX, and per The Economic Times, Shetty was heading the firm in the interim. His former affiliation with Binance is now a past relationship.
Nischal Shetty also co-founded Shardeum, a layer-1 blockchain project, and remains affiliated with Zettai Pte Ltd. Nischal Shetty's account has accumulated 485,128 followers as of July 2026 and 38,676 posts on the platform. Nischal Shetty has been mentioned by 282 accounts, totaling 1,614 mentions.
Nischal Shetty's portfolio includes Arcana Network, Noah Network, Dapps and TaxNodes.
Who follows Nischal Shetty on X?
The accounts that follow Nischal Shetty include 432 founders, 114 angel investors, 240 influencers and 32 VCs. Among them are Solana, Michael Saylor, Binance, Chris Burniske, Kyle Samani and Raoul Pal.