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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.
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.
Disclaimer
This article is provided for information only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
