WazirX says the partnership is a reinforcement of its commitment to detecting and preventing illicit activity.
WazirX denied receiving any show cause notice from the agency.
The Enforcement Directorate is investigating Chinese-operated betting apps that have collected more than $134 million over the last 10 months.
The exchange has opted for Matic instead of Ethereum’s network, which is currently dominating the DeFi space because of "high gas costs."
Binance and WazirX plan to donate up to $50 million to Indian blockchain startups after the Supreme Court lifted a central bank ban on financial services for these firms.
