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
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Series A
Dec 04, 2024
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Investors
Plug and Play Tech Center
& 6 more
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Employee Count
Employee Count
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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.
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 Total Funding
- Total Rounds 3
- Last Round Series A — $5.0M
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First Round
First Round
(27 Apr 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2024 | Amount | Series A - The Binary Holdings | Valuation |
investors |
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| Apr, 2024 | Amount | Series A - The Binary Holdings | Valuation |
investors |
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| Apr, 2024 | Amount | Token Sale - The Binary Holdings | Valuation |
investors |
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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 |
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Web3 financing solutions are provided for sustainable project growth.
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Founded Year | Domain | Location | |
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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location | |
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Venture capital and accelerator services are provided across multiple sectors.
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Founded Year | Domain | Location |
Investments & Acquisitions by The Binary Holdings
Financial Statements - The Binary Holdings
The Binary Holdings Comparisons
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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| domain | founded_year | HQ Location |
Blockchain explorer platform used for viewing on-chain activity across networks.
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| domain | founded_year | HQ Location |
Online platform offering an indexer for the Solana blockchain
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| domain | founded_year | HQ Location |
Ethereum blockchain is explored and analyzed via Etherscan platform.
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| domain | founded_year | HQ Location |
Cryptocurrency data and analysis tools are provided for institutions.
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| domain | founded_year | HQ Location |
Blockchain transactions and data are explored via Solscan's platform.
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| domain | founded_year | HQ Location |
Blockchain engine for tracking cryptocurrency activities is offered.
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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 27, 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.