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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
By: crypto mode|2025/05/16 19:30:09
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nb The following content is a paid release. It is provided for informational purposes only and should not be interpreted as financial advice. The statements, views and opinions expressed in this column are solely those of the content provider and does not reflect the views or opinions of CryptoMode. 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. READ ALSO Bitget to Support EOS (EOS) Token Swap and Rebranding to Vaulta (A) MEXC Announces Einstein (EIN) Listing in July, 50 Million EIN Rewards Event Launches Now 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.
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