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
Recent funding
Equity
Dec 2024
$5M