Disclosure under Regulation 30 of SEBI (LODR) Regulations,2015
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String Metaverse's wholly owned subsidiary, String Fintech HK Ltd, handled over $920 million USD (~₹8,000 crore) in transaction volume on the Deribit Derivatives Exchange (Coinabase) between September 15 and October 15, 2025. The subsidiary uses high-frequency trading (HFT) architecture and ultra-low-latency servers, connecting to global data centers in NY4, TY4, and LD4 for sub-millisecond execution. A supporting email from Deribit confirms specific volumes of ~$869M in futures and ~$83M in options, and assigns the account a VIP3 discounted fee tier effective November 1, 2025. The company describes this as evidence of its evolution from a blockchain infrastructure firm to a leader in digital asset transaction infrastructure.
The achievement highlights growing operational scale at the Hong Kong subsidiary and a stronger fee tier (VIP3) that could improve trading margins, but the announcement is largely promotional and does not directly confirm revenue, profit, or order-book impact for shareholders.