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String Metaverse Ltd (BSE: META) Reports Record 169.40% Revenue Growth YOY Revenue of 407.36 Cr and PAT 35.25 Cr, Unveils Bold Digital Asset Strategy

16 May 2025 10:46, UTC

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.

Financial Performance: Breaking Records

  • 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

Strategic Expansion: $50M Blockchain Validation Nodes

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.

Bold Treasury Strategy: 100% Digital Asset Reserves

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.

Fund Raise for Global Digital Asset Treasury

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.

CEO’s Vision

“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.”

About String Metaverse Ltd

  • 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.