The Binary Holdings secures $5 million from ABO Digital to fuel its decentralized network’s expansion to one billion users by 2025

(PRESS RELEASE – Dubai, United Arab Emirates, December 4, 2024)

The 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 company providing financing solutions alternatives 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 robust user base of 169 million across multiple verticals, The Binary Holdings is reshaping the way businesses, consumers and investors interact in the digital landscape and is targeting one billion users by 2025. This collaboration will boost the expansion of a decentralized open network. which 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 networks and other exciting services.

The Binary Holdings has established itself as a central player in decentralized connectivity, working with a wide range of partners, including major telecommunications providers, to redefine how people and businesses interact across regions. Through contracts with seven leading telecommunications companies and a growing network of non-telecom partners, The Binary Holdings sets a new benchmark for global interoperability in digital commerce. At the center of the decentralized open network for distribution and commerce is the binary network, where users, businesses and service providers can connect and transact seamlessly across borders.

Using BNRY, the network’s unique digital currency, The Binary Network redefines how value flows between participants, ensuring that payments are seamless and accessible to users around the world. This bold vision of using a single digital currency across its vast ecosystem enables true interoperability and cross-pollination between its diversity of partners in the telecommunications and non-telecom sectors, enabling commerce to flow in ways that were previously unimaginable, eliminating barriers between platforms and national borders.

The platform’s ability to facilitate seamless transactions and interactions across multiple industries has already attracted the attention of some of the world’s largest companies. With contracts signed with seven major telecommunications companies, The Binary Holdings is on track to reach 1 billion users by December 2025, becoming a truly global player in the decentralized economy.

Introducing Millenia – Digital Banking for Seamless Cross-Border Transactions

In Q2 2025, The Binary Holdings will launch Millenia, a digital bank aimed at simplifying cross-border payments and remittances for Binary network users. Designed to enable seamless transactions for individuals and businesses, Millenia will offer a low-cost, fast and transparent service, powered by the Binary Network’s secure decentralized and interoperable infrastructure, with BNRY as the primary digital transaction currency.

Support for multi-chain compatibility and global dApp growth

Binary Holdings’ blockchain infrastructure is gaining popularity among dApp developers. Through partnerships with over seven Layer 1 and Layer 2 blockchain networks, The Binary Holdings has created unique bridges that provide dApps with immediate access to Binary’s growing user base of 169 million, which is expected to reach a billion by 2025, creating unparalleled engagement and utility.

By bridging Web2 and Web3, The Binary Holdings addresses a key industry challenge, accelerating widespread adoption of Web3 and establishing itself as a leader in creating tangible utility and mass adoption.

“The Binary Holdings is at the forefront of creating a new global standard for digital distribution and commerce,” said Siddharth Sahi, CBO of The Binary Holdings. “With the launch of Binary Digital Bank, the support of ABO Digital and an expanding partner network, we are excited to continue pushing boundaries and bringing innovative solutions to our global community.”

A technology powerhouse in Southeast Asia and the Middle East and a global leader in the digital economy thanks to its massive adoption

The Binary Holdings is quickly establishing itself as one of the region’s most valuable and innovative technology companies, with a valuation of $16.9 billion. Through strong partnerships, an expanding user base and a commitment to critical infrastructure, The Binary Holdings is poised to become a global leader in the digital economy. Its blockchain technology drives 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 delighted to collaborate with The Binary Holdings at such a crucial time in the evolution of the digital economy,” said Talal Samy, Investment Associate at ABO Digital. “The company’s ability to innovate, evolve and deliver real-world solutions to a global audience is unmatched. Their groundbreaking work to create seamless global interoperability and drive mass adoption of decentralized technologies perfectly aligns 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 its expanding ecosystem and through real-world applications from digital payments to cross-border commerce, The Binary Holdings is taking Web3 and blockchain to the mainstream.

About ABO Digital

ABO Digital is an investment company providing alternative financing solutions for cryptocurrency projects worldwide. He is part of the Alpha Blue Ocean group, a pioneering multi-family office renowned for its leadership in alternative finance and innovative investment strategies. With a global presence and a commitment to supporting groundbreaking projects, ABO Digital has established itself as a driving force in promoting technological advancements and sustainable growth across diverse sectors including healthcare, medical innovation and, now, blockchain technologies.

About Binary Holdings Limited

Headquartered in Dubai, United Arab Emirates, with a global user base of 169 million, The Binary Holdings Limited is a leading decentralized technology company committed to creating open, interoperable networks for digital commerce. By 2025, it aims to empower one billion users worldwide with secure and scalable blockchain infrastructure.