String Metaverse, an innovative AI and blockchain company, is gearing up for its upcoming listing on the Bombay Stock Exchange (BSE) after successfully securing significant regulatory approvals in the United Arab Emirates. Following a completed merger with BIO Green Papers, previously undergoing insolvency proceedings, String Metaverse is set to begin trading on the BSE on October 31.
A major breakthrough for the company came as it obtained three crucial licenses from UAE regulatory authorities, marking a strong step forward in its global expansion strategy. Among these are an AI license and a blockchain node operator license, which enable the firm to develop its AI and blockchain services within the UAE. Additionally, the DEpin license from RAKDAO allows String Metaverse to establish operations in the Ras Al Khaimah digital asset hub, reinforcing the company’s commitment to driving innovation across international borders.
As a leader in web3 technology, String Metaverse has pioneered an “agentic economy” model, where AI agents autonomously handle cryptocurrency transactions. These AI agents can initiate and finalize smart contracts via digital wallets, creating a transparent and efficient digital marketplace. Founder Krishna Mohan expressed excitement about the potential of AI and blockchain integration, noting that this combination can enhance automation and streamline digital exchanges. “The integration of AI and blockchain brings enormous potential for creating more efficient, automated online transactions,” said Mohan.
With its regulatory approvals secured in the UAE and its BSE listing imminent, String Metaverse is well-positioned to realize its goal of an AI-driven, decentralized economy. The October 31st trading debut is expected to attract significant attention from investors eager to tap into this expanding tech frontier, positioning the firm to capitalize on emerging opportunities in global markets.
