The Binary Holdings Secures $5 Million to Propel Global Decentralized Network Expansion
Investment to Support Ambitious Goal of Reaching One Billion Users by 2025
The Binary Holdings, a Dubai-based decentralized technology company valued at $16.9 billion, has secured an investment of up to $5 million from ABO Digital, a digital asset investment firm specializing in alternative financing solutions for cryptocurrency projects. The funding aims to accelerate The Binary Holdings’ efforts to expand its decentralized network, which currently supports 169 million users, with a goal of reaching one billion users by 2025.
The investment will facilitate the growth of The Binary Network, a decentralized open network that integrates seamlessly with existing Web2 systems while unlocking the potential of Web3 technologies. The platform enables a range of services, including cross-border payments, gaming, and digital commerce, aimed at creating a more interconnected and accessible digital economy.
Central to The Binary Holdings’ strategy is its collaboration with seven major telecom providers and other industry partners to redefine digital commerce and connectivity. The Binary Network leverages BNRY, its digital currency, to streamline cross-border transactions, fostering interoperability across platforms and industries. By eliminating traditional barriers, the network enables businesses and users to engage in seamless commerce and communication across national boundaries.
The company’s blockchain infrastructure also supports decentralized applications (dApps) by connecting developers to its vast and growing user base. Through partnerships with seven Layer 1 and Layer 2 blockchain networks, The Binary Network offers multi-chain compatibility, enhancing the utility and engagement of dApps within its ecosystem.
In the second quarter of 2025, The Binary Holdings plans to launch Millenia, a digital bank designed to simplify cross-border payments and remittances. The service will provide individuals and businesses with low-cost, transparent, and efficient transaction options, utilizing the secure and scalable infrastructure of The Binary Network. BNRY will serve as the primary currency for transactions within the bank, further embedding the digital currency into global financial systems.
The Binary Holdings is addressing a significant challenge in the Web3 sector: scaling adoption. By bridging Web2 and Web3 technologies, the company is fostering tangible utility for blockchain applications, establishing itself as a leader in decentralized connectivity. Its initiatives in gaming, decentralized finance (DeFi), and non-fungible tokens (NFTs) are reshaping the digital economy, with the goal of making blockchain technology more accessible to mainstream users.
Siddharth Sahi, Chief Business Officer of The Binary Holdings, emphasized the company’s commitment to innovation and global reach. “With the launch of the Binary Digital Bank, support from ABO Digital, and an expanding network of partners, we are driving the next phase of digital transformation. Our decentralized network empowers businesses and users alike, creating new opportunities in the global digital economy.”
Talal Samy, Investment Associate at ABO Digital, echoed this sentiment. “The Binary Holdings’ ability to innovate and scale aligns with our mission to support transformative projects. Their focus on creating global interoperability and fostering the adoption of decentralized technologies represents a pivotal step in the evolution of the digital economy.”
The Binary Holdings Limited, headquartered in Dubai, specializes in decentralized technology and aims to empower a billion users by 2025 through its scalable blockchain infrastructure. ABO Digital, part of the Alpha Blue Ocean group, provides alternative financing solutions to cryptocurrency projects and supports advancements in blockchain and Web3 technologies.
As The Binary Holdings continues its expansion, the investment from ABO Digital underscores the growing momentum behind decentralized systems and their role in shaping the future of global commerce and connectivity.
