Partnership to Drive Growth Toward a Billion Users by 2025
The Binary Holdings, a decentralized technology firm valued at $16.9 billion, has announced an investment of up to $5 million from ABO Digital, a firm specializing in alternative financing for cryptocurrency projects. The funding is expected to accelerate the expansion of The Binary Holdings’ decentralized network, which aims to integrate Web2 and Web3 infrastructures and serve one billion users by 2025.
Headquartered in Dubai, The Binary Holdings operates a global ecosystem connecting 169 million users across industries such as payments, gaming, and digital commerce. The company is leveraging its proprietary platform, The Binary Network, to enable seamless, cross-border transactions and interactions. A key feature of the platform is BNRY, its unified digital currency designed to facilitate frictionless transactions among users, businesses, and service providers.
With agreements in place with seven major telecommunications companies and an expanding network of non-telecom partners, The Binary Holdings is establishing itself as a leader in decentralized digital commerce. The company’s infrastructure supports interoperability, allowing users and businesses to interact without barriers between platforms or national borders.
Launch of Millenia Digital Bank
As part of its expansion, The Binary Holdings plans to launch Millenia, a digital bank designed for cross-border payments and remittances, in Q2 2025. Millenia will offer a low-cost, fast, and transparent platform powered by The Binary Network’s decentralized infrastructure. BNRY will serve as the primary currency for transactions, underscoring the network’s focus on interoperability and accessibility.
Expanding Blockchain Ecosystem
The Binary Holdings is also collaborating with multiple blockchain networks to support decentralized applications (dApps). Partnerships with over seven Layer 1 and Layer 2 blockchains enable developers to access the company’s growing user base and infrastructure. This strategy aims to bridge the gap between Web2 and Web3, fostering the widespread adoption of decentralized technologies.
“The Binary Holdings is setting a new standard for global digital commerce,” said Siddharth Sahi, Chief Business Officer at The Binary Holdings. “With the launch of Millenia, support from ABO Digital, and our expanding partner network, we are committed to delivering innovative solutions that empower businesses and users worldwide.”
ABO Digital’s Support
Talal Samy, Investment Associate at ABO Digital, expressed optimism about the collaboration. “The Binary Holdings’ ability to scale and deliver real-world solutions aligns with our mission to foster the growth of decentralized technologies,” Samy said. “We are proud to support their efforts to drive Web3 adoption and create a more connected digital economy.”
Pioneering Decentralized Commerce
The Binary Holdings is positioning itself as a key player in the global digital economy, particularly in Southeast Asia and the Middle East. Its blockchain technology underpins innovations in decentralized finance, gaming, and digital commerce, creating a robust ecosystem that redefines business and payment processes. With a clear vision for mass adoption, the company is poised to lead the evolution of the decentralized digital economy.
The investment from ABO Digital marks a significant step in The Binary Holdings’ journey to mainstream adoption, with a focus on practical applications such as cross-border payments and decentralized commerce. The collaboration underscores the growing role of blockchain technology in shaping the future of the global digital landscape.
