Dubai, United Arab Emirates, December 4, 2024, Chainwire
Binary Holdings, a $16.9 billion technology leader, today announced a strategic investment of up to $5 million from ABO Digital, a digital asset investment firm providing alternative financial solutions to cryptocurrency projects around the world. This investment will empower Binary Holdings to accelerate its mission to transform the global digital economy. With a 169 million-strong user base across multiple industries, The Binary Holdings is reshaping the way businesses, consumers and investors interact in the digital environment and is targeting 1 billion users by 2025. This collaboration will drive the expansion of decentralized open networks. It integrates seamlessly with Web2 infrastructure while leveraging the full potential of Web3 to help businesses and users benefit from digital services such as cross-border payments, gaming, digital social, and other engaging services.
Binary Holdings has established itself as a central player in decentralized connectivity, working with a variety of partners, including major telecommunications providers, to redefine the way people and businesses interact across geographies. The Binary Holdings is setting a new standard for global interoperability in digital commerce through agreements with seven major carriers and a growing network of non-telco partners. At the heart of a decentralized, open network for distribution and commerce is a binary network that allows users, businesses, and service providers to connect and transact seamlessly across borders.
By using BNRY, the network’s single digital currency, Binary Network is redefining how value flows between participants, ensuring payments are seamless and accessible to users around the world. This bold vision of using a single digital currency across a vast ecosystem will enable true interoperability and cross-pollination between diverse partners in both the telco and non-telco sectors, allowing commerce to flow in ways previously unimaginable. Let’s do it. A barrier between the platform and the border.
The platform’s ability to facilitate seamless transactions and interactions across multiple industries has already garnered attention from some of the world’s largest companies. With deals signed with seven major carriers, The Binary Holdings is on track to reach one billion users by December 2025, becoming a truly global player in the decentralized economy.
Introducing Millenia – a digital bank for seamless cross-border transactions
In the second quarter of 2025, Binary Holdings will launch Millenia, a digital bank that aims to simplify cross-border payments and remittances for users within the Binary Network. Designed to enable seamless transactions for individuals and businesses, Millenia will use BNRY as its primary transaction digital currency, providing cheap, fast and transparent services based on Binary Network’s secure, decentralized and interoperable infrastructure.
Multi-chain compatibility and support for global dApp growth
Binary Holdings’ blockchain infrastructure is gaining strong interest among dApp developers. Through partnerships with more than seven Layer 1 and Layer 2 blockchain networks, The Binary Holdings provides a unique platform that gives dApps immediate access to Binary’s expanding user base of 169 million, expected to reach 1 billion by 2025. By creating one bridge, we have created unparalleled engagement and usability.
By bridging Web2 and Web3, The Binary Holdings is solving a key challenge for the sector, accelerating Web3 adoption at scale and positioning itself as a leader in building real utility and mass adoption.
“Binary Holdings is leading the way in creating a new global standard for digital distribution and commerce,” said Siddharth Sahi, CBO of Binary Holdings. “With the launch of Binary Digital Bank, support from ABO Digital, and expansion of our partner network, we are excited to continue pushing boundaries and delivering innovative solutions to our global community.”
A technology powerhouse in Southeast Asia and the Middle East and a global leader in the digital economy through mass adoption
Binary Holdings is quickly establishing itself as one of the most valuable and innovative technology companies in the region, with a valuation of $16.9 billion. Through strong partnerships, an expanding user base, and a commitment to essential infrastructure, The Binary Holdings is on track to become a global digital economy leader. Blockchain technology is driving large-scale innovation in decentralized finance (DeFi), NFTs, gaming, and digital commerce, creating powerful ecosystems that redefine business, payments, and global interactions.
“We are excited to partner with The Binary Holdings at this pivotal time in the development of the digital economy,” said Talal Samy, Investment Associate at ABO Digital. “The company’s ability to innovate, scale and deliver real solutions to customers around the world is unmatched. “Their groundbreaking work in creating seamless global interoperability and driving mass adoption of distributed technologies aligns perfectly with our mission, and we are proud to support them as they continue to shape the future of Web3.”
With the support of ABO Digital and the expansion of its ecosystem, The Binary Holdings is bringing Web3 and blockchain into the mainstream with real-world applications ranging from digital payments to cross-border commerce.
Introduction to ABO Digital
ABO Digital is an investment company that provides alternative financial solutions to cryptocurrency projects around the world. It is part of the Alpha Blue Ocean group, a pioneering multifamily office known for its leadership in alternative finance and innovative investment strategies. Through its global presence and commitment to supporting groundbreaking projects, ABO Digital has established itself as a driving force driving technological advancement and sustainable growth in a variety of fields, including health, medical innovation, and now blockchain technology.
About Binary Holdings Limited
Headquartered in Dubai, UAE and with a global user base of 169 million, The Binary Holdings Limited is a leading decentralized technology company dedicated to creating an open and interoperable network for digital commerce. We aim to provide a secure and scalable blockchain infrastructure to 1 billion users worldwide by 2025.
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