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The Binary Holdings

32, Marasi Drive, Dubai, United Arab Emirates

Overview

The Binary Holdings operates The Binary Network, a decentralised open network that uses BNRY as a single digital currency to enable cross-border payments, gaming, social and other services. Headquartered in Dubai, the company positions itself as a regional tech powerhouse driving DeFi, NFTs, gaming and digital commerce. It reports a user base of 169 million across multiple verticals and is targeting one billion users by 2025. The Binary has contracts with seven major telcos and partnerships with over seven Layer 1 and Layer 2 blockchain networks, offering multi-chain compatibility and dApp access. In Q2 2025 the company plans to launch Millenia, a digital bank to simplify cross-border payments and remittances using BNRY. The company is reported to have a valuation of $16.9 billion.

Total raised
$5M
Funding rounds
1
Latest round
Equity
Latest activity
Dec 2024

Industries

  • Artificial Intelligence (AI)
  • Blockchain
  • Cryptocurrency
  • FinTech
  • Information Technology
  • Infrastructure
  • Telecommunications
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Recent funding

  1. Equity

    Dec 2024

    $5M

Team

  • Manit Parikh

    Founder & CEO

    LinkedIn
  • Manit Ghogar

    Chief Strategy Officer

    LinkedIn
  • Manish Jha

    VP Product

    LinkedIn
  • George Papas

    VP of Infra & Security