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Deals16 Oct 2025, 06:41 pm

String Metaverse HK Crosses $920 Million in Digital Asset Transactions

AI Summary

String Metaverse Hong Kong, a subsidiary of String Metaverse Ltd, has achieved significant milestones on the Deribit Derivatives Exchange, handling over $920 million USD in transaction volume between September 15, 2025 and October 15, 2025. This achievement has upgraded the firm’s trading tier to VIP3, unlocking maximum fee rebates and priority execution access. String Metaverse Ltd aims to achieve VIP6 status within the next six months, targeting over $5 billion USD in monthly trading volume. This milestone marks a new era of growth for String Metaverse, redefining how institutional liquidity operates on decentralized and derivative venues.

Key Highlights

  • Handled over $920 million USD in transaction volume on Deribit
  • Trading tier upgraded to VIP3 for maximum fee rebates and priority execution access
  • Aiming for VIP6 status within the next six months, targeting over $5 billion USD in monthly trading volume
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