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
- SectorsTechnology
- Email••••••••
- Website thebinaryholdings.com
- Social LinkedIn X
- Total Equity Funding$13M (USD)
in 3 rounds
- Latest Funding Round$5M (USD), Series A
Dec 2024
- InvestorsPlug and Play Tech Center
& 6 more
Products & Services of The Binary Holdings
The Binary Holdings offers a comprehensive portfolio of products and services, including OneWave, BNRY Games, and Advertising Service.
Platform for integrating and distributing dApps within telco apps.
Service for uploading and distributing gameFi projects to users.
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.
- Total Funding $13M
- Total Rounds 3
- Last Round Series A — $5M
- First Round $3M
(Apr 2024)
- Investors Count 7
All 3 funding rounds of The Binary Holdings with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $5M | Series A | – | – | |
| Apr 2024 | $8M | Series A | – | – | |
| Apr 2024 | $3M | Token Sale | – | – | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Web3 financing solutions are provided for sustainable project growth. | 2017 | abodigital.io | - | |
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
Venture capital and accelerator services are provided across multiple sectors. | – | sosv.com | Cork, Ireland | |
Investments in sport technology startups are managed by this fund. | 2020 | dutchsporttechfund.com | Stompetoren, Netherlands | |
Blockchain technology and ICO services are provided by IBC Group. | – | ibcgroup.io | London, United Kingdom | |
- | – | a3sgroup.com | - | |
Strauss Capital Partners is engaged in investment banking advisory services. | 2006 | strausscapital.com | New York, USA |
Investor details for The Binary Holdings
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of The Binary Holdings
1 people are tracked at The Binary Holdings (1 in leadership).
| Name | Role | Group |
|---|---|---|
Manit Parikh | Founder & CEO | Leadership |
Complete people profiles for The Binary Holdings
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of The Binary Holdings
3 dated milestones of The Binary Holdings across 1 years, from founding to its latest funding, stage changes and deals.
- Founded The Binary Holdings is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series A, of $5.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zapper.xyz | 2020 | Wilmington, United States | $15M | – | Blockchain explorer platform used for viewing on-chain activity across networks. | |
| solana.fm | 2020 | Singapore | $4.5M | – | Online platform offering an indexer for the Solana blockchain | |
| etherscan.io | 2015 | Kuala Lumpur, Malaysia | – | 22 | Ethereum blockchain is explored and analyzed via Etherscan platform. | |
| tradeblock.com | 2013 | New York, United States | $21.69M | 97 | Cryptocurrency data and analysis tools are provided for institutions. | |
| solscan.io | 2021 | Singapore | $4M | – | Blockchain transactions and data are explored via Solscan's platform. | |
| arkhamintelligence.com | 2020 | Albany, United States | – | – | Blockchain engine for tracking cryptocurrency activities is offered. | |
| cymbal.xyz | 2022 | Menlo Park, United States | $18.5M | 7 | Digital media group platform exploring chain media | |
| localmonero.co | 2014 | Philadelphia, United States | – | – | A platform for cryptocurrency trading and exchanges. |
Detailed competitors of The Binary Holdings
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of The Binary Holdings
The website of The Binary Holdings (thebinaryholdings.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 55.2% vs previous month
Latest news on The Binary Holdings
Complete news archive for The Binary Holdings
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to The Binary Holdings
10 companies that operate in the same segment as The Binary Holdings (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | – | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – |
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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. The company's 1st funding round was a Token Sale of $3M, raised on Apr 2024.
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 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.