Binance has invited Zanmai Labs, the entity operating Indian crypto exchange WazirX, to work out arrangements to withdraw any remaining assets held in Binance wallets, according to a blog post on Friday.

The solution ostensibly ends worries about what would happen to customer funds if Binance and WazirX end their collaboration.

"As an exception, we have invited Zanmai to work out arrangements with us to withdraw any remaining assets in the relevant accounts after 3 February. However, the responsibility ultimately lies with the Zanmai team to make the withdrawals expeditiously," Binance said.

(By Amitoj Singh)