Thursday, 01 Oct 2026 Breaking: India bow out of Asian Games men’s volleyball after Pakistan quarterfinal defeat
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

String Metaverse's Hong Kong Subsidiary Receives Strong D&B Risk Assessment

String Metaverse's Hong Kong Subsidiary Receives Strong D&B Risk Assessment

India PR Distribution
Hong Kong / Hyderabad (Telangana) [India], August 26: String Metaverse Limited (BSE: 534535) today announced that its wholly owned Hong Kong subsidiary, String Fintech HK Limited, has received a Dun & Bradstreet (D&B) Rating of 3AA1, with a "Strong (Minimal Risk)" assessment, according to a D&B Latest report.
The assessment marks an important institutional milestone as String Metaverse expands its global financial-technology and digital-asset infrastructure.
KEY D&B ASSESSMENT
D&B Rating: 3AA1
Risk Indicator: 1 -- Strong (Minimal Risk)
Risk Predictor Score: 7 vs. industry median of 6.1 across 1,781 firms
12-Month Financial Distress Probability: 0.23%
STRONG FINANCIAL PROFILE
For the financial year ended March 31, 2025, String Fintech HK Limited reported:
Revenue: US$44.59 million
Profit After Tax: US$3.99 million
Net Profit Margin: 8.94%
Current Ratio: 16.14
Total Indebtedness: Nil
The D&B assessment also reported no registered charge against the company and found no record of civil suits across the Hong Kong court and government records searched for the preceding five years.
BUILDING INSTITUTIONAL-GRADE GLOBAL INFRASTRUCTURE
Hong Kong is a strategic hub in String Metaverse's international architecture as the Group builds infrastructure across digital assets, Web3, financial technology and data services.
Ganesh Meenavalli, Managing Director, String Metaverse Limited, said:
"As String Metaverse expands globally, scale must be matched by institutional credibility, financial discipline and strong governance. The D&B assessment of our Hong Kong subsidiary is an encouraging validation of the financial foundations we are building across the Group."
He further added: "Hong Kong is strategically important to our global ambitions. Our objective is to build String into an institution capable of connecting traditional financial markets with the emerging digital-asset economy."
ABOUT STRING METAVERSE LIMITED
String Metaverse Limited (BSE: 534535) is building businesses and infrastructure across digital assets, Web3, financial technology, data services and next-generation digital commerce.
Through its international subsidiaries and operating entities, the Group is developing a globally connected infrastructure platform positioned at the convergence of traditional finance, digital assets and the tokenized economy.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by India PR Distribution. ANI will not be responsible in any way for the content of the same)

Tags

Related News

US Trade Representative Greer jokes Piyush Goyal is “trade minister for life” as G20 trade talks open in Milwaukee
Business
US Trade Representative Greer jokes Piyush Goyal is “trade minister for life” as G20 trade talks open in Milwaukee

<p><br />Milwaukee [US], October 1 (ANI): US Trade Representative Jamieson Greer joked that Union Commerce and Industry...

10 years of Jio: Special JioBharat offer brings 4G upgrade at an affordable price
Business
10 years of Jio: Special JioBharat offer brings 4G upgrade at an affordable price

<p>Mumbai (Maharashtra) [India], October 1 (ANI): As Jio celebrates 10 years of connecting India, the company has announ...

Fiscal trajectory to hinge on direct tax growth as customs, excise collections weaken: Report
Business
Fiscal trajectory to hinge on direct tax growth as customs, excise collections weaken: Report

<p>New Delhi [India], October 1 (ANI): India’s fiscal trajectory will depend increasingly on the strength of direct tax...

EaseMyTrip joins Apple Pay India launch to offer faster, seamless booking payments
Business
EaseMyTrip joins Apple Pay India launch to offer faster, seamless booking payments

<p>New Delhi [India], October 1 (ANI): EaseMyTrip has joined Apple Pay as a launch partner in India, with the online tra...

Brazil eyes defence ties, Embraer aircraft investments in India: Trade Minister Márcio Fernando Elias Rosa
Business
Brazil eyes defence ties, Embraer aircraft investments in India: Trade Minister Márcio Fernando Elias Rosa

<p>By Reena Bhardwaj<br />Milwaukee [US], October 1 (ANI): Brazilian Industry and Trade Minister Márcio Fernando Elias R...

Govt cuts diesel, ATF export levies from October 1; petrol duty unchanged
Business
Govt cuts diesel, ATF export levies from October 1; petrol duty unchanged

<p>New Delhi [India], October 1 (ANI): The Central Government has cut export levies on diesel and aviation turbine fuel...