The Binary Holdings

Dubai, United Arab Emirates Founded: 2023 • Age: 3 yrs
Web3 infrastructure is provided for telecom dApp distribution.
Annual revenue - Latest available
Total funding $13.0M 3 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About The Binary Holdings

The Binary Holdings is a company based in Dubai (United Arab Emirates) founded in 2023 by Manit Parikh. The Binary Holdings has raised $13 million across 3 funding rounds from investors including Plug and Play Tech Center, ABO Digital and IBC Group. The Binary Holdings offers products and services including OneWave, BNRY Games, and Advertising Service. The Binary Holdings operates in a competitive market with competitors including Zapper, SolanaFM, Etherscan, TradeBlock and Solscan, among others.

  • Headquarter Dubai, United Arab Emirates
  • Founders Manit Parikh
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $13 M (USD)

    in 3 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Dec 04, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of The Binary Holdings

The Binary Holdings offers a comprehensive portfolio of products and services, including OneWave, BNRY Games, and Advertising Service.

Product name locked
Category locked
Primary

Platform for integrating and distributing dApps within telco apps.

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Service for uploading and distributing gameFi projects to users.

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Short-video advertising tool with low-cost impressions.

Funding Insights of The Binary Holdings

The Binary Holdings has successfully raised a total of $13M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in The Binary Holdings

The Binary Holdings has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Plug and Play Tech Center, ABO Digital and IBC Group.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Web3 financing solutions are provided for sustainable project growth.
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Startups are accelerated and invested in across multiple tech sectors.
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Venture capital and accelerator services are provided across multiple sectors.
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Investor details for The Binary Holdings

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  • Investor domains
  • Investor locations
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by The Binary Holdings

Investments
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Investment portfolio details for The Binary Holdings

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  • Transaction dates
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Financial Statements - The Binary Holdings

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Detailed financials for The Binary Holdings

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The Binary Holdings Comparisons

The Binary Holdings Primary company
Description
Web3 infrastructure is provided for telecom dApp distributio...
Location
Dubai, United Arab Emirates
Founded Year
2023
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for The Binary Holdings

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Competitors of The Binary Holdings

The Binary Holdings operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zapper, SolanaFM, Etherscan, TradeBlock and Solscan, among others.

Company Name Domain Founded year HQ Location Description
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Blockchain explorer platform used for viewing on-chain activity across networks.
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Online platform offering an indexer for the Solana blockchain
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Ethereum blockchain is explored and analyzed via Etherscan platform.
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Cryptocurrency data and analysis tools are provided for institutions.
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Blockchain transactions and data are explored via Solscan's platform.
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Blockchain engine for tracking cryptocurrency activities is offered.
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Detailed competitors of The Binary Holdings

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Latest news on The Binary Holdings

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Complete news archive for The Binary Holdings

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Frequently Asked Questions about The Binary Holdings

The Binary Holdings was founded in 2023 and raised its 1st funding round 1 year after it was founded.

The Binary Holdings is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.

Manit Parikh is the current CEO of The Binary Holdings. They have also founded this company.

The Binary Holdings is a funded company, having raised a total of $13M across 3 funding rounds to date.

Provider of a Web3 distribution infrastructure for telecommunications companies. It offers a platform that allows dApps to integrate and distribute to a large user base within telecommunications ecosystems. The platform enables incentivized engagement through a token system, facilitating transactions on native chains. It also provides advertising solutions and supports game distribution, offering tools for analysis and monetization. The infrastructure is built on a scalable network, secured by Ethereum, and compatible with EVM.

The Binary Holdings's top competitors include Zapper, SolanaFM and Etherscan.

The Binary Holdings offers OneWave, BNRY Games, and Advertising Service.

The Binary Holdings has 7 investors. Key investors include Plug and Play Tech Center, ABO Digital, IBC Group, A3S Group, and SOSV.

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