String Metaverse reports 9-month revenue of 711.13 crore rupees, PAT at ₹67.82 Cr
Alex Smith
2 months ago
String Metaverse Ltd (BSE: META) on Tuesday reported a sharp rise in revenue and profit for the nine months ended Dec. 31, 2025, supported by higher transaction volumes and the expansion of its digital asset and financial market infrastructure businesses.
The company’s revenue for the nine-month period FY26 rose to ₹711.13 crores from ₹254.16 crore a year earlier, while profit after tax increased to ₹67.82 crore from ₹22.34 crore. For the third quarter FY 26, revenue climbed to ₹278.79 crore from ₹116.25 crore a year earlier, and profit after tax rose to ₹27.89 crore from ₹10.21 crore.
String Metaverse said the performance was driven by rising activity across its blockchain-based infrastructure platforms and higher usage of its transaction, liquidity and settlement systems.
The company said it is expanding its Tokenization as a Service platform, positioning itself as a provider of financial market infrastructure as global markets increasingly move toward real-time settlement.
The platform is designed to support continuous trading, instant transaction finality and programmable ownership, enabling markets to operate beyond traditional trading hours.
During the quarter, the company processed $8.93 million in on-chain trading volume for tokenized U.S. equities and exchange-traded funds on the Solana blockchain, using the Raydium decentralized exchange under its CoinX–IDLE framework.
The activity covered tokenised exposure to major U.S. blue-chip stocks and ETFs, including Tesla, Nvidia, Alphabet, MicroStrategy, Coinbase, Circle, Robinhood, gold-linked products, the Nasdaq-100 and the S&P 500, the company said.
String Metaverse said its revenue model focuses on transaction flow rather than market volatility, generating income through settlement services, liquidity provisioning and infrastructure usage.
“We don’t monetize volatility. We monetize order flow,” said Ganesh Meenavalli, Managing Director of String Metaverse.
The company said it serves a global user base of more than 5 million users and plans to continue investing in blockchain nodes and computing capacity.
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