String Metaverse Ltd (BSE: META) Reports 169.40% YoY Revenue Growth, Unveils ₹415 Crore Investment in Blockchain Infrastructure and Digital Asset Treasury Strategy

Hyderabad (Telangana) [India], May 16: String Metaverse Ltd (BSE: META), India’s first publicly traded Web 3.0 company, has delivered outstanding financial results for FY 2024-25. The company reported a revenue of ₹407.36 crore, representing a remarkable increase of 169.40% from ₹151.21 crore in the previous year. Net profit skyrocketed by 225.79% to ₹35.25 crore compared to ₹10.82 crore last year.

The public shareholding in the company grew from 10.97% to 18.21% following a Rights Issue that was oversubscribed by 2x. A subsequent Rights Issue is on the horizon, aiming to boost public shareholding to 25%, aligning with SEBI’s Minimum Public Shareholding (MPS) guidelines.

In line with its global expansion strategy, String Metaverse has announced an investment of ₹415 crore in state-of-the-art Cloud Data Centres. These centres will host Blockchain Validation Nodes across major Layer 1 and Layer 2 networks, including Ethereum, Solana, Sonic, Avalanche, Bitcoin, and Base. This infrastructure aims to support the rapidly expanding Real-World Asset (RWA) tokenization market, expected to reach $30 trillion (approximately ₹2,490 lakh crore) by 2030.

In an innovative step, the company has committed to holding 100% of its global profits and treasury reserves in Digital Assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), stablecoins (USDT & USDC), and tokenized assets like gold and real estate. This positions String Metaverse as one of the first Indian corporations to adopt a fully-fledged Digital Asset Treasury strategy.

To advance its global agenda, String Metaverse plans to raise ₹16,600 crore over the next three years through structured financial instruments, including Convertible Notes, ADRs/GDRs, and Foreign Currency Convertible Bonds (FCCBs). These funds will be allocated to high-growth digital asset portfolios and infrastructure initiatives.

“Our 169.40% revenue growth reflects the surging demand for Web 3.0 infrastructure,” stated the CEO of String Metaverse Ltd. “With our Blockchain Validation Nodes and Digital Asset Treasury, we’re forging a future where String Metaverse drives the decentralized digital economy.”

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