UAE Innovator Raises $5M to Build Decentralized Network for a Billion Users

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The Binary Holdings is on a path to accelerate its mission of transforming the global digital economy with a strategic investment that will drive its expansion. Currently serving a user base of 169 million across various industries, The Binary Holdings is set on reaching one billion users by 2025. This expansion will be fueled by a decentralized open network that blends Web2 infrastructure with the potential of Web3, enabling businesses and users to leverage a wide array of digital services including cross-border payments, gaming, social networks, and other innovative solutions.

The company has established itself as a central player in decentralized connectivity, collaborating with major telecom providers to reshape how people and businesses interact across different regions. Through partnerships with seven leading telcos and a growing network of non-telecom partners, The Binary Holdings is redefining global interoperability in digital commerce. At the heart of its decentralized open network is The Binary Network, a platform where users, businesses, and service providers can seamlessly connect, transact, and engage across borders.

A core feature of The Binary Network is its single digital currency, BNRY, which is transforming how value flows between participants. By enabling frictionless payments, BNRY ensures that transactions are accessible and efficient for users worldwide. This innovative approach fosters true interoperability across the ecosystem, allowing for smooth interactions between its diverse range of partners in both the telecom and non-telecom sectors. This creates a seamless flow of commerce that transcends platform barriers and national borders, positioning The Binary Holdings as a pioneer in global digital trade.

The ability to facilitate smooth, cross-industry transactions has already attracted attention from some of the world’s largest companies. With its contracts with seven major telecoms, The Binary Holdings is on track to meet its ambitious goal of reaching one billion users by December 2025, solidifying its role as a key player in the decentralized economy.

In the second quarter of 2025, The Binary Holdings will launch Millenia, a digital bank designed to simplify cross-border payments and remittances within The Binary Network. Millenia will offer a low-cost, fast, and transparent solution, powered by the secure decentralized infrastructure of The Binary Network and BNRY as the primary transaction currency. This move is poised to provide both individuals and businesses with seamless transaction capabilities, enhancing the overall ecosystem.

The Binary Holdings is also gaining significant traction among decentralized application (dApp) developers. With partnerships across more than seven Layer 1 and Layer 2 blockchain networks, the company has established bridges that allow dApps immediate access to its expanding user base. This integration not only enhances user engagement but also boosts the utility of the platform, enabling large-scale adoption of Web3 technologies. The company’s ability to bridge Web2 and Web3 will further accelerate Web3 adoption, creating real-world applications and utility at scale.

Siddharth Sahi, the Chief Business Officer of The Binary Holdings, emphasized the company’s role in setting a new global standard for digital distribution and commerce. With the upcoming launch of the Binary Digital Bank, support from key partners like ABO Digital, and an expanding network, The Binary Holdings is poised to continue pushing the boundaries of innovation in the digital economy.

The company’s rapid growth is not limited to one region; The Binary Holdings is emerging as a tech powerhouse in Southeast Asia and the Middle East, with a current valuation of $16.9 billion. Its blockchain-driven solutions are reshaping decentralized finance (DeFi), NFTs, gaming, and digital commerce, enabling the company to create a robust ecosystem that is redefining business interactions and payments on a global scale.

Talal Samy, Investment Associate at ABO Digital, expressed excitement about collaborating with The Binary Holdings during such a pivotal time in the evolution of the digital economy. He noted the company’s ability to innovate, scale, and provide real-world solutions to a global audience. ABO Digital’s support, combined with The Binary Holdings’ groundbreaking work in creating seamless interoperability and fostering the mass adoption of decentralized technologies, positions the company as a leader in the Web3 space.

With continued backing from ABO Digital and its expanding ecosystem, The Binary Holdings is driving Web3 and blockchain into the mainstream, shaping the future of decentralized commerce and transforming the global digital economy.