The Binary Holdings, a UAE-based technology company valued at $16.9 billion, has secured a $5 million investment from ABO Digital, a digital asset financing firm. This investment supports the company’s mission to expand its decentralised platform for global digital commerce.

At its core, The Binary Holdings operates a blockchain-based network that enables seamless cross-border transactions and interactions for businesses and consumers. The platform integrates Web2 infrastructure with Web3 technologies to support digital payments, gaming and other services. Central to this ecosystem is the Binary Network, which uses a unified digital currency, BNRY, to ensure frictionless payments across its global user base.

The company has partnered with seven major telecom providers and numerous other businesses to build a network that promotes interoperability between platforms.

In Q2 2025, The Binary Holdings will launch Millenia, a digital bank designed to simplify cross-border payments for individuals and businesses. The company also collaborates with blockchain developers to create applications that leverage its ecosystem, aiming to grow its user base to 1 billion by 2025.

Previous Article Eid Al Etihad Celebrations Conclude With Spectacular Jebel Hafeet Show
Next Article Hit BBC Show 'Million Pound Menu' Is Coming to Egypt

Events Calendar

All Events

Red Sea Intl Film Festival Expands Speaker Lineup With Global Stars

UAE-Based Gametech Startup Playgama Raises $3 Million in Funding

Hit BBC Show 'Million Pound Menu' Is Coming to Egypt

Downtown Cairo Display Highlights Reality of Domestic Violence

Hend Sabry Named on BBC's 2024 List of Influential Women