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“ABO Digital Invests $5 Million in The Binary Holdings to Accelerate Decentralized Network Growth, Aiming for One Billion Users by 2025”

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December 9, 2024
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“ABO Digital Invests $5 Million in The Binary Holdings to Accelerate Decentralized Network Growth, Aiming for One Billion Users by 2025”
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Dubai, United Arab Emirates, 9th Dec – The Binary Holdings, a global leader in the digital economy with a valuation of $16.9 billion, has announced a strategic investment of up to $5 million from ABO Digital, an investment firm providing alternative financing solutions to cryptocurrency projects around the world. This investment will further The Binary Holdings’ mission of transforming the global digital economy.

The Binary Holdings, with a robust user base of 169 million across multiple verticals, is reshaping the way businesses, consumers, and investors interact in the digital landscape. The company is targeting one billion users by 2025 and aims to achieve this through a collaboration with ABO Digital, driving the expansion of a decentralised open network that seamlessly integrates with Web2 infrastructure while unlocking the full potential of Web3. This will empower businesses and users to benefit from digital services such as cross-border payments, gaming, and digital social interactions.

The Binary Holdings has established itself as a central player in decentralised connectivity, working with a range of partners, including major telecom providers, to redefine how people and businesses interact across regions. The company has contracts with seven leading telcos and a growing network of non-telco partners, setting a new benchmark for global interoperability in digital commerce. At the centre of this Decentralised Open Network for Distribution and Commerce is The Binary Network, where users, businesses, and service providers can seamlessly connect and transact across borders.

The Binary Network uses BNRY, the network’s single digital currency, to redefine the way value flows between participants, ensuring frictionless and accessible payments to users worldwide. This bold vision of using a single digital currency across its vast ecosystem enables true interoperability and cross-pollination amongst its diverse range of partners in both the telco and non-telco sectors, allowing for commerce to flow in a way that was previously unimaginable, eliminating the barriers between platforms and national borders.

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

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

The Binary Holdings’ blockchain infrastructure is gaining strong traction among dApp developers. Through partnerships with over seven Layer 1 and Layer 2 blockchain networks, the company has created unique bridges providing dApps immediate access to Binary’s expanding user base of 169 million, projected to reach one billion by 2025, creating unmatched engagement and utility.

By bridging Web2 and Web3, The Binary Holdings addresses a key challenge in the sector, accelerating Web3 adoption at scale and establishing itself as a leader in building 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, The Binary Holdings. “With the launch of the Binary Digital Bank, support from ABO Digital, and an expanding network of partners, we’re excited to continue pushing boundaries and bringing innovative solutions to our global community.”

The Binary Holdings, with a valuation of $16.9 billion, is rapidly establishing itself as one of the region’s most valuable and innovative tech companies. With strong partnerships, an expanding user base, and a commitment to essential infrastructure, the company is on track to become a global digital economy leader. Its blockchain technology drives innovation in decentralized finance (DeFi), NFTs, gaming, and digital commerce at scale, building a robust ecosystem that redefines business, payments, and global interactions.

“We are excited to collaborate with The Binary Holdings at such a pivotal time in the evolution of the digital economy” said Talal Samy, Investment Associate at ABO Digital. “The company’s ability to innovate, scale, and bring real-world solutions to a global audience is unmatched. Their groundbreaking work in creating seamless global interoperability and fostering mass adoption of decentralised technologies aligns perfectly with our mission, and we are proud to support them as they continue to shape the future of Web3.”

With ABO Digital’s support and its expanding ecosystem and through real-world applications, from digital payments to cross-border commerce, The Binary Holdings is pushing Web3 and blockchain into the mainstream.

About ABO Digital

ABO Digital is an investment firm providing alternative financing solutions to cryptocurrency projects around the world. It is part of the Alpha Blue Ocean group, a pioneering multi-family office renowned for its leadership in alternative finance and innovative investment strategies

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