String Metaverse
String Metaverse Limited is a publicly listed (BSE: 534535) Web3 financial-infrastructure and tokenized-asset platform that provides Tokenization-, Liquidity-, and Infrastructure-as-a-Service to financial institutions and Web3 protocols globally, and operates a Web3 gaming and GameFi vertical powered by its String AI token.
- Company typePublic
- Founded1994
- HeadquartersHyderabad, India
- Headcount51–100
- GTM typeB2B and B2C
- OfferingSoftware
What String Metaverse does
String Metaverse Limited (BSE: 534535; formerly Bio Green Papers Ltd, rebranded May 9, 2025) is an India-headquartered, publicly listed Web3 financial-infrastructure and tokenized-asset platform operating across five jurisdictions — India, Hong Kong, Canada, Singapore, and the UAE (Dubai and Ras Al-Khaimah). The company's product stack centers on three service lines: Tokenization-as-a-Service (converting real-world assets such as stocks, treasuries, gold, and real estate into programmable on-chain value, with a stated leadership position in tokenized blue-chip equity markets on Solana following the SEC's December 2025 approval of tokenized stocks), Liquidity-as-a-Service (24/7 automated market-making engines using AI agents), and Infrastructure-as-a-Service (HPC data centers, validation nodes, and high-performance servers). Underlying these services is the proprietary String Agentic Finance Operating System (AFOS) and the Midearth AI-agent platform, which the company describes as orchestrating autonomous, intent-driven AI agents for financial markets, payments, and enterprise operations, with a planned Singapore-based 'Agentic Workforce Platform' to be developed via String Digi Tech PTE. Ltd.
The company serves a hybrid customer base: enterprise B2B clients (financial institutions, Web3 protocols, and gaming ecosystems) consuming Tokenization, Liquidity, and Infrastructure services via regulated subsidiaries; a B2C gaming and digital-community vertical covering play-to-earn, real money gaming, esports, and GameFi powered by the String AI token, with a stated 30M-user target by 2027; and early-stage Web3.0 projects in which String invests and provides token distribution plus AI-agent-driven liquidity. Revenue is generated from transaction fees on tokenization and gaming activity, usage-based fees for liquidity and infrastructure services, managed-service fees, and the appreciation of digital-asset positions held via Web3 protocol investments. FY26 revenue from operations was Rs 1,069.11 crore (up 162% YoY) with PAT of Rs 102.52 crore, and the company is listed on BSE with a market capitalization of approximately Rs 1,131.72 crore as of June 18, 2026 at a Rs 9.72 share price (a sub-Rs 10 'penny stock' classification). Public pricing for the B2B service lines is not disclosed, and the company does not break out revenue by stream, limiting transparency into unit economics.
String Metaverse firmographics
Firmographics- Name
- String Metaverse
- Legal name
- String Metaverse Limited
- Website
- https://stringmetaverse.com
- Company type
- Public
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- String Metaverse Limited is a publicly listed (BSE: 534535) Web3 financial-infrastructure and tokenized-asset platform that provides Tokenization-, Liquidity-, and Infrastructure-as-a-Service to financial institutions and Web3 protocols globally, and operates a Web3 gaming and GameFi vertical powered by its String AI token.
- Ownership category
- akta.pro rank
String Metaverse industry classification
Industry- Product category
- Digital Asset Infrastructure
- NAICS
- Securities and Commodity Exchanges (5232)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- In-Game Asset Standards & Infrastructure (NFT items, marketplaces, royalties, asset registries) (FSAPAGAE)
- akta.pro secondary industries
- GameFi Economies & Token Systems (tokens, staking, sinks/sources, inflation control) (FSAPAGAG), Metaverse & Social Virtual Worlds (BPAMAKAF)
Keywords
Where String Metaverse is headquartered
LocationHeadquarters
- HQ city
- Hyderabad
- HQ country
- India
- HQ region
- Asia
Offices6 records
Markets served
String Metaverse business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Revenue from operations (Tokenization, Liquidity, Infrastructure, Gaming & Digital Assets): Aggregate revenue from operations of Rs 1,069.11 crore in FY26 (vs Rs 407.36 crore in FY25, +162% YoY), spanning AI infrastructure, gaming ecosystems, high-frequency trading, and digital assets across India, UAE, Hong Kong, Singapore, and Canada. Q4FY26 revenue of Rs 359.40 crore and Q3FY26 revenue of Rs 278.35 crore (+140.60% YoY) imply a strong recurring/growth profile, though the company does not publicly break out revenue by stream.
- Tokenization-as-a-Service & Liquidity-as-a-Service: Service-based offering that transforms real-world assets into programmable, liquid digital value and runs 24/7 automated market-making engines to power the global token economy. Revenue mechanics inferred as usage/transaction-based for protocol-level clients.
- Infrastructure-as-a-Service (HPC, nodes, validation): High-performance compute, blockchain validation nodes, and financial-rails infrastructure offered to clients including internal String ecosystem requirements. Revenue mechanics inferred as recurring infrastructure/service fees.
- Web3 Gaming & Digital Communities: Play-to-earn, real money games, esports and GameFi ecosystem with plans to integrate AI agents, monetized via the String AI token and in-game transactions.
- Web3 Investment & Protocol Stakes: Investing in early-stage Web3.0 Projects and acquiring stake in the form of digital assets. Returns generated from appreciation of digital-asset positions and protocol participation.
Go-to-market motion4 records
Distribution channels4 records
Marketing channels7 records
String Metaverse product offering
Product offeringCore offering
String Metaverse provides tokenization, liquidity, and infrastructure-as-a-service solutions for real-world and digital assets, delivered through its proprietary String Agentic Finance Operating System (AFOS) and Midearth AI Agent Platform. The company also operates a Web3 gaming and digital communities business line targeting play-to-earn, real-money, esports, and GameFi audiences. Its offerings are designed to serve enterprises, financial institutions, Web3 protocols, and consumer gaming communities.
Product overview
String Metaverse positions itself as a Web3.0 / tokenized-asset financial operating system combining a unified platform (the String Agentic Finance Operating System, or AFOS) with multiple service modules: Tokenization as a Service, Liquidity as a Service, and Infrastructure as a Service (HPC data centers, validation nodes, high-performance servers). On top of this core, String layers Midearth (its 'Army of AI Agents' for agent-to-agent and agent-to-human commerce and smart-contract automation), the Web3.0 Gaming & Digital Communities vertical (play-to-earn, real money gaming, esports, GameFi), the native String AI token, and the newly announced Agentic Workforce Platform for deploying autonomous AI agents across financial markets, payments, and enterprise operations. Together these offerings form the company's stated mission of being 'the OS of the Internet Financial System', bridging real-world and digital assets across India, UAE, Hong Kong, Singapore, and Canada.
Differentiator
Problem solved
Functional benefit
Brands
- Midearth: String Metaverse's AI-agents platform powering agent-to-human and agent-to-agent commerce, generative-AI community commerce, smart-contract management and crypto-wallet transactions within the String ecosystem.
- String X
Products and services
- Tokenization as a Service End-to-end service for issuing real-world and digital assets as on-chain tokens; targets enterprises, financial institutions, and Web3 protocols seeking compliant asset tokenization.
- Liquidity as a Service Automated market-making and liquidity provision service for tokenized assets, enabling secondary trading and price discovery across supported venues.
- Infrastructure as a Service (HPC Data Centers) High-performance computing (HPC) data center offering that supplies compute infrastructure for AI agents, blockchain validation, and other compute-intensive workloads.
- String Agentic Finance Operating System (AFOS) Proprietary operating system that orchestrates AI agents, tokenization, and liquidity workflows across String's Web3 stack; intended to serve enterprises building agentic finance applications.
- Midearth AI Agent Platform AI-agent platform comprising a network of reinforcement-learning-based agents that automate digital-asset and finance workflows inside the String ecosystem.
- String X (Tokenized Markets Trading Platform) On-chain trading platform for creating and trading tokenized markets; serves traders, market makers, and issuers participating in String's tokenized-asset ecosystem.
- Web3 Gaming & Digital Communities Gaming and digital-communities offering combining play-to-earn, real-money gaming, esports, and GameFi experiences for Web3-native gamers, creators, and communities.
Quantifiable outcome
- FY26 revenue Rs 1,069.11 crore (+162% YoY)
- +7 more outcomes
Companies that use String Metaverse
Customer profileSegments4 records
Ideal customer profiles2 records
String Metaverse technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability11 records
Feature7 records
String Metaverse partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Sai Kotha Venkata (Technical Advisor; ex-Capital One Tech)coreString Metaverse appointed Sai Kotha Venkata, formerly a senior technology leader at Capital One, as Technical Advisor to provide strategic guidance on emerging technologies, product architecture, and scalable infrastructure. The appointment is tied to a global initiative to deploy autonomous AI agents across financial markets, payments and enterprise operations, and the launch of an 'Agentic Workforce Platform' to be operated from a new Singapore-based entity.
- MUFG Intime India Private Limited (Registrar and Transfer Agent)coreMUFG Intime India Private Limited (formerly Link Intime India Pvt. Ltd) acts as the Registrar and Transfer Agent (RTA) for String Metaverse Limited. RTA address: C 101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400083. Phone +91 81081 16767. The RTA handles shareholder records, share transfers and compliance-related communications for the BSE-listed equity.
- Solana (blockchain network)coreString Metaverse operates tokenized blue-chip equity markets on the Solana blockchain, leveraging Solana's high-throughput, low-cost infrastructure for its Tokenization-as-a-Service, Liquidity-as-a-Service and String X platform. The integration underpins String's leadership in tokenized financial assets following the SEC's approval of tokenized stocks (Dec 2025).
- BW Disrupt Founders Forum (Businessworld event)minorString Metaverse Founder Krishna Mohan Meenavalli participated as an awardee (BW Disrupt 40u40 Awards 2025) and panelist ('The AI Dividend' panel) at the Businessworld BW Disrupt Founders Forum 2025, generating significant brand visibility and earned-media coverage.
- Atal Bharat Conference 2025minorString Metaverse participated in the Atal Bharat Conference 2025 held on 03 December 2025 (disclosed as a Stock Exchange Filing). Participation supports government/industry engagement and PR visibility.
Scale indicators15 records
Recent moves10 records
Expansion highlights6 records
String Metaverse competitors and assessment
Company assessmentDirect peers
- Galaxy Digital Holdings: Public digital-asset and blockchain-focused financial services firm operating trading, asset management, and tokenization/infrastructure businesses. Directly comparable to String Metaverse's combined tokenization, liquidity, and digital-asset investment businesses.
- Bakkt Holdings: Public digital-asset platform serving enterprises and consumers with trading, custody, and tokenization infrastructure. Directly comparable to String Metaverse's Tokenization-as-a-Service and Liquidity-as-a-Service offerings targeting institutional clients.
- Securitize: Private tokenization platform providing end-to-end issuance, transfer, and compliance infrastructure for real-world assets. Direct competitor in the RWA tokenization space where String Metaverse operates via String X on Solana.
- tZERO: Tokenized-securities trading and infrastructure platform that pioneered on-chain trading of private equity and other real-world assets. Direct competitor in tokenized blue-chip and real-world-asset markets where String Metaverse operates String X.
Broad incumbents
- Coinbase Global: Largest US-listed crypto exchange and infrastructure platform offering trading, staking, custody and developer tooling. Comparable to String Metaverse as a broad incumbent in regulated digital-asset infrastructure, though with a much larger scale and broader product portfolio.
- Marathon Digital Holdings (MARA Holdings): Public digital-asset/blockchain infrastructure operator combining balance-sheet digital-asset exposure with high-performance compute and validation node operations. Comparable to String Metaverse's Infrastructure-as-a-Service (HPC data centers, validation nodes) and digital-asset investment pillars.
- Hut 8: Public digital-asset infrastructure operator with HPC data centers and energy infrastructure that increasingly serves AI compute workloads. Comparable to String Metaverse's HPC/validation node Infrastructure-as-a-Service offering.
- Fireblocks: Institutional digital-asset custody, settlement, and tokenization infrastructure provider serving banks, fintechs, and Web3 protocols. Comparable to String Metaverse's enterprise-facing tokenization and infrastructure stack.
- Paxos: Regulated blockchain infrastructure platform offering tokenization, stablecoin issuance, and custody services. Comparable to String Metaverse's regulated tokenization subsidiaries in UAE, Hong Kong, and Singapore.
- Riot Platforms: Public digital-asset and HPC infrastructure operator combining bitcoin mining with high-performance compute/data-center services. Comparable to String Metaverse's Infrastructure-as-a-Service HPC data-center strategy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
String Metaverse social profiles
Digital presenceString Metaverse compliance and trust
Trust signalCompliance3 records
String Metaverse financial estimates
Financial estimateRevenue estimate
Valuation estimate
String Metaverse leadership team
Management profileNumber of profiles
Profiles15 records
String Metaverse subsidiaries and ownership
Company hierarchySubsidiaries9 records
String Metaverse funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
String Metaverse M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about String Metaverse
What does String Metaverse do?
String Metaverse provides tokenization, liquidity, and infrastructure-as-a-service solutions for real-world and digital assets, delivered through its proprietary String Agentic Finance Operating System (AFOS) and Midearth AI Agent Platform. The company also operates a Web3 gaming and digital communities business line targeting play-to-earn, real-money, esports, and GameFi audiences. Its offerings are designed to serve enterprises, financial institutions, Web3 protocols, and consumer gaming communities.
Is String Metaverse a public or private company?
String Metaverse is a public company. It is classified as public and is currently operating.
When was String Metaverse founded?
String Metaverse was founded in 1994. It employs 51 to 100 people.
Where is String Metaverse based?
String Metaverse is headquartered in Hyderabad, India, in the Asia region.
How does String Metaverse make money?
Five revenue lines are on record. Revenue from operations (Tokenization, Liquidity, Infrastructure, Gaming & Digital Assets) is the primary driver. The others are tokenization-as-a-Service & Liquidity-as-a-Service, infrastructure-as-a-Service (HPC, nodes, validation), web3 Gaming & Digital Communities and web3 Investment & Protocol Stakes.
Who are String Metaverse's main competitors?
Direct peers on record are Galaxy Digital Holdings, Bakkt Holdings, Securitize and tZERO. Broad incumbents are Coinbase Global, Marathon Digital Holdings (MARA Holdings), Hut 8, Fireblocks, Paxos and Riot Platforms.
Does String Metaverse have an API?
No public API is recorded for String Metaverse.
What industry is String Metaverse in?
String Metaverse's product category is Digital Asset Infrastructure. Its primary akta.pro industry code is FSAPAGAE, In-Game Asset Standards & Infrastructure (NFT items, marketplaces, royalties, asset registries), with a secondary code of FSAPAGAG, GameFi Economies & Token Systems (tokens, staking, sinks/sources, inflation control). Its NAICS code is 5232 and its SIC code is 6211.