• The Binary Holdings secured USD 5 million from ABO Digital to support its expansion in the decentralized digital economy.
• The platform, valued at USD 16.90 billion, aims to reach 1 billion users by 2025, leveraging Web3 technology to remove intermediaries and empower users.
• In 2025, Millenia, a digital bank from The Binary Holdings, will launch, offering low-cost, fast, and transparent cross-border payment solutions.

Dubai-based technology company, The Binary Holdings, has secured up to USD 5 million in funding from ABO Digital.

The investment is aligned with the company’s ambitious plans to revolutionize the global digital economy through its Web3 infrastructure.

The Binary Holdings is currently valued at USD 16.90 billion. With a user base of 169 million spread across various sectors, the company is on track to hit 1 billion users by December 2025.

This rapid growth places the company at the forefront of the decentralized economy, as it continues to expand its presence globally.

Decentralized Open Network Vision

The new investment from ABO Digital will support the expansion of a decentralized open network. The network aims at seamlessly integrating Web2 infrastructure with Web3 capabilities.

The collaboration aims to unlock the full potential of Web3 technology. Furthermore, this will be implemented by providing a robust platform for decentralized applications and services.

Empowering Users with Web3 Technology

Web3 leverages blockchain-based distributed ledger technology to establish a decentralized governance model.

The Web3 tech aims at removing traditional intermediaries such as financial institutions and payment processors. The platform allows users to transact and interact directly, ensuring greater control over personal data.

This innovation empowers both businesses and users by enabling access to digital services like cross-border payments, gaming, and social platforms without the involvement of third parties.

Launch of Millenia Digital Bank

In the second quarter of 2025, The Binary Holdings plans to launch Millenia, a digital bank designed to simplify cross-border payments and remittances.

Moreover, the digital bank is targeting individuals and businesses within. Millenia promises low-cost, fast, and transparent services, further enhancing the decentralized financial ecosystem.

The Binary Holdings continues to lead the way in fostering innovation and expanding the reach of Web3 technology. This will help set new benchmarks for the future of the global digital economy.