Hyderabad, [15/05/2025] – String Metaverse Ltd (BSE: META), India’s first listed Web 3.0 company, announced blockbuster financial results for FY 2024–25, alongside major strategic expansions into Blockchain infrastructure and digital asset adoption.
Revenue: ₹407.36 Cr (Up 169.40% YoY from ₹151.21 Cr)
Net Profit: ₹35.25 Cr (Up 225.79% YoY from ₹10.82 Cr)
Public Shareholding: Successfully increased from 10.97% to 18.21% via a 2x oversubscribed Rights Issue
Next Rights Issue: Planned to further boost public shareholding to 25%, complying with SEBI’s MPS norms
String Metaverse will invest $50 million in Cloud Data Centers across the globe to host high-performance Blockchain Validation nodes across major Layer 1 and Layer 2 Blockchains, including:
Ethereum
Solana
Sonic
Avalanche
Bitcoin
Base
This infrastructure will support the booming Real-World Asset (RWA) tokenization market, projected to reach $30 trillion by 2030, requiring millions of Validation nodes for seamless global transactions.
In a historic move, the company will hold all global profits and treasury reserves in:
Bitcoin (BTC)
Ethereum (ETH)
Solana (SOL)
USDT & USDC (Stablecoins)
Tokenized Gold & Real Estate
This positions String Metaverse as a pioneer in corporate Digital Asset adoption.
Over the next 3 fiscal years, the company plans to raise $2 billion via:
- Structured Convertible Notes
- ADRs / GDRs
- Foreign Currency Convertible Bonds (FCCBs)
Funds will be deployed into high-growth Digital Assets and Blockchain infrastructure.
“Our 169.40% revenue growth reflects the explosive demand for Web 3.0 infrastructure. With our Blockchain Validation Nodes, and Digital Asset Treasury, we’re building a future where String Metaverse powers the Decentralized Digital Asset Economy.”
Listed on the BSE (META), String Metaverse is India’s first Web 3.0 publicly traded company, driving innovation in Blockchain Validation, RWA tokenization, and decentralized infrastructure.
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