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 that provides alternative financing solutions to cryptocurrency projects around the world. This investment will enable The Binary Holdings to accelerate its mission to transform the global digital economy. With a strong user base of 169 million people across multiple industries, The Binary Holdings is reshaping the way businesses, consumers, and investors interact in the digital environment, reaching 1 billion users by 2025. is our goal. This partnership will drive the expansion of decentralized open networks. It seamlessly integrates with Web2 infrastructure while unlocking the full potential of Web3, allowing businesses and users to benefit from digital services such as cross-border payments, gaming, digital social, and other engaging services. so that you can receive
Binary Holdings has established itself as a leading player in decentralized connectivity, working with a variety of partners, including leading telecommunications providers, to redefine how people and businesses interact across geographies. . Through agreements with seven major carriers and a growing network of non-telco partners, The Binary Holdings is setting a new benchmark for global interoperability in digital commerce. At the heart of a decentralized open network for distribution and commerce is a binary network, allowing users, businesses, and service providers to seamlessly connect and transact across borders.
By using the network's single digital currency, BNRY, Binary Network is redefining the flow of value between participants, making payments smooth 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 telecom and non-telecom sectors, making it possible to barriers between platforms and borders, allowing commerce to flow in ways never imagined.
The platform's ability to facilitate seamless transactions and interactions across multiple industries has already attracted attention from some of the world's largest companies. Having signed agreements with seven major telecommunications companies, The Binary Holdings is on track to reach 1 billion users by December 2025 and become a true global player in the decentralized economy.
Introducing Millenia – the digital bank for seamless cross-border transactions
In Q2 2025, The Binary Holdings plans to launch Millenia, a digital bank aimed at simplifying cross-border payments and remittances for users within The Binary Network. Designed to enable seamless transactions for individuals and businesses, Millenia uses BNRY as its primary trading digital currency to provide a low-cost, high-speed, and and provide highly transparent services.
Supports multi-chain compatibility and global growth of dApps
Binary Holdings' blockchain infrastructure is gaining a lot of attention among dApp developers. Through partnerships with more than seven Layer 1 and Layer 2 blockchain networks, The Binary Holdings will bring dApps to Binary's growing user base of 169 million people, expected to reach 1 billion by 2025. We've built a unique bridge that provides instant access, creating unparalleled engagement and utility.
By bridging Web2 and Web3, The Binary Holdings is addressing key challenges in the space, accelerating Web3 adoption at scale, and positioning itself as a leader in building tangible utility and mass adoption. It is established.
“The Binary Holdings is at the forefront of building a new global standard for digital distribution and commerce,” said Siddharth Sahi, CBO of The Binary Holdings. “With the launch of Binary Digital Bank, support from ABO Digital, and growing network of partners, 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.
At a valuation of $16.9 billion, Binary Holdings is rapidly establishing itself as one of the region's most valuable and innovative technology companies. With strong partnerships, a growing user base, and a commitment to critical infrastructure, The Binary Holdings is on track to become a leader in the global digital economy. The company's blockchain technology powers innovation in decentralized finance (DeFi), NFTs, gaming, and digital commerce at scale, creating a robust ecosystem that redefines business, payments, and global interactions.
“We are excited to be working with Binary Holdings at such a pivotal time in the evolution of the digital economy,” said Talal Sammy, Investment Associate at ABO Digital. “The company's ability to innovate, scale, and deliver real-world solutions to a global audience is unparalleled. We are building seamless global interoperability and driving mass adoption of decentralized technologies. Their groundbreaking work aligns perfectly with our mission, and we're 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 pushing Web3 and blockchain into the mainstream through real-world applications ranging from digital payments to cross-border commerce.
About ABO Digital
ABO Digital is an investment company that provides alternative financing solutions to crypto projects around the world. Part of Alpha Blue Ocean Group, it is a pioneering multifamily office known for its leadership in alternative finance and innovative investment strategies. With its global presence and commitment to supporting groundbreaking projects, ABO Digital fosters technological advancement and sustainable growth across a variety of sectors, including health, medical innovation, and now blockchain technology. We have established ourselves as a driving force.
About The Binary Holdings Limited
Headquartered in Dubai, United Arab Emirates and with a global user base of 169 million, The Binary Holdings Limited is a decentralized technology company working to create open and interoperable networks for digital commerce. is a major company. By 2025, we aim to provide secure and scalable blockchain infrastructure to 1 billion users worldwide.
Contact PR Head Yousef BatterWhite Label Strategyyousef.batter@whitelabelstrategy.io
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