String Metaverse Achieves Significant Growth in FY26, Reaching ₹1,076 Cr Revenue and Surpassing 5 Million Users

String Metaverse Achieves Significant Growth in FY26, Reaching ₹1,076 Cr Revenue and Surpassing 5 Million Users​

String Metaverse Ltd, a key player in the Web 3.0 economy, reported substantial growth in its first half of fiscal year 2026 (FY26), delivering significant revenue increases across multiple metrics while expanding its ecosystem reach. The company highlighted strong operational leverage and key product launches aimed at bridging on-chain finance with global commerce.

Financial Performance Highlights

The performance data for FY26 shows robust expansion in revenue, profitability, and market standing. String Metaverse recorded a notable increase in Revenue from Operations and Profit After Tax (PAT).


(Note: The source material contains internal inconsistencies regarding Operating EBITDA values; the data presented reflects all figures provided.)

The company’s metrics align with the Rule of 40, which assesses a company's combined revenue growth rate and profit margin. For FY26, String Metaverse demonstrated 50% YoY revenue growth and maintained a 10.3% PAT margin, resulting in a Rule of 40 score of 60.30%, which is 1.5 times the SaaS benchmark.

Operational Scale and Market Presence

String Metaverse crossed a significant Ecosystem User Milestone, surpassing 5 million users across its integrated platform. The company’s operational scale continues to grow, evidenced by key metrics in DeFi and derivatives trading.

Key operational achievements include:

• Derivatives Trading: The company achieved a volume of $4+ Billion in derivatives trading on centralized (CEX) exchanges.
• Tokenized Assets: DeFi and tokenized asset volumes exceeded $220 Million across the IDLE ecosystem.
• Bill On Chain Partnership: Phase 1 of the Bills on Chain partnership with Hedera Blockchain was launched, focusing on tokenizing everyday bills on the Hedera blockchain.

Strategic Products and Market Bridges

The company is actively addressing major gaps within the Web3 landscape through innovative product launches designed to bridge decentralized finance with traditional global finance systems.

String Pay X Launch:
In a critical move toward consumer adoption, String Metaverse introduced the String Pay X virtual crypto-backed debit card in partnership with Visa. This service facilitates spending instantly using stablecoins or tokens and is accessible across more than 150 countries, addressing the market friction caused by complex off-ramping conversions and high withdrawal fees faced by global crypto users.

Future Infrastructure Commitment:
String Metaverse has also committed to future infrastructure development, planning a 100 MW AI Data Center. By owning dedicated compute capacity, the company aims to scale independently and capture the underlying infrastructure layer of the emerging agent economy.

Leadership and Positioning

The company maintains a leadership team that includes seasoned professionals in finance, technology, and risk management, providing expertise across various global operations and financial advisory roles. String Metaverse positions itself as "A Financial Operating System to Monetize the On-Chain Economy," focusing on turning tokenized assets, Web3 infrastructure, and gaming attention into a flow of liquidity.

Stock Price Movement​

As of 12:25, shares of String Metaverse Ltd are sliding down to ₹8.95, which reflects a 0.78% drop. The stock has traded volatilely throughout the day, hitting an intraday high of ₹9.37 before settling at its current low.