Qatar Investment Authority funds Rasmal Ventures

Qatar Investment Authority funds Rasmal Ventures

Qatar Investment Authority has funded Rasmal Ventures LLC as part of its Fund of Funds Program. The funding is received into Rasmal Venture’s inaugural, home-grown venture capital fund, Rasmal Innovation Fund I LLC, which targets high-performance startups and scales up across a variety of innovative technology sectors, including fintech, B2B SaaS, HealthTech and AI.

Rasmal Innovation Fund I LLC is the first fund announcement as part of QIA’s $1 billion Fund of Funds program announced as open to applicants in February 2024.

To date, the Rasmal Innovation Fund I LLC has closed funding from QIA’s Fund of Funds, corporates, family offices and individual high-net-worth investors with an aim to reach $100 million in investment commitments. The fund is only open to professional investors as defined in QFCRA regulation.

Alexander Wiedmer, Co-Managing Partner of Rasmal Ventures, said, “As the first private VC fund based in Doha, we have forged strong partnerships with leading Qatari institutions to work closely with exceptional founders, stimulate innovation, and meet the region’s unique needs. While still in the early stages of capital deployment, we take pride in our first investments in proprietary tech startups. The trust QIA and our other investors placed in us is a testament to our team’s capabilities and dedication. We will continue to grow our presence across the region and execute our highly selective investment strategy to establish ourselves as a key player in the MENA VC landscape.”

Neom and Outlier Ventures launch Web3 accelerator

Neom and Outlier Ventures launch Web3 accelerator

Neom, Saudi Arabia’s futuristic city being built on the shores of the Red Sea has partnered with Saudi Arabian NTDP ( National Technology Development Program) and Outlier Ventures, a global Web3 accelerator, to launch the first Web3 accelerator and the FutureSpark Base Camp Demo Day.

Naif Abu Saida, Director of Web3 at Neom stated in a LinkedIn post, ” The future is here, and it’s powered by Web3.  Since the beginning of our Web3 journey at NEOM, we’ve been working tirelessly to bring innovation to the forefront, and today, we’re proud to unveil the Kingdom’s first Web3 accelerator!”
NEOM, in collaboration with NTDP and, Outlier Ventures, presented FutureSpark Base Camp Demo Day in Riyadh. This event featured nine cutting-edge startups from the local and global Web3 ecosystem, highlighting the talent and innovation shaping the future of technology.

The Demo Day took place on January 20th 2025, Abu Saida noted,” On Monday, we wrapped up an amazing day at the FutureSpark Base Camp Demo Day! The energy in the room was incredible as nine talented startups showcased their hard work and bold ideas. A huge shoutout to the teams for their inspiring presentations and for sharing how they’re breaking new ground in Web3 technology. It’s exciting to see how their innovations could shape the future of the digital world. We’re also deeply thankful to our partners, National Technology Development Program NTDP and Outlier Ventures, for their tremendous effort to make this program a success story.”

According to Abu Saida this is just the beginning. The FutureSpark Base Camp cohort is one of many cohorts to come, supporting Saudi Arabia’s rapidly growing Web3 ecosystem and paving the way for more innovation.

Outlier Ventures developed Base Camp Program in KSA

This is not the first program that Outlier Ventures has participated in. In 2024 it announced the launch of its Riyadh KSA Base Camp Program. The Base Camp Program, will start in early September 2024 for a duration of 12 weeks. Investments will reach up to $100,000 to help startups who are accepted relocate to Saudi Arabia. As per Outlier Ventures website, the Riyadh-based program would take the strongest founders across the region’s most promising technology verticals, giving them the resources they need to build industry-defining startups.

Neom partnered with Animoca brands to build solid Web3 infrastructure

In 2024, Animoca Brands and Saudi Arabian NEOM Investment Fund signed a strategic partnership that included a $50 million convertible notes financing from NEOM into Animoca. In early January of 2025, Animoca Brands announced that the next step of the partnership is fast approaching and it includes building a solid web3 infrastructure using innovative technologies.

AI decentralized network Allora and stc Bahrain to advance AI

AI decentralized network Allora and stc Bahrain to advance AI

Allora Network, an AI decentralized network has collaborated with stc Bahrain, a world-class digital enabler, through its Web3 Launchpad Program under the Pearling Path initiative.

As per the blog, the collaboration highlights Allora’s commitment to partnering with leading innovators like stc Bahrain to advance decentralized AI, fostering innovation and growth across the GCC region and beyond.

As part of this collaboration, stc Bahrain will join the Allora Network as a validator node, contributing to the network’s security, reliability, and consensus. By joining the Allora Network as a validator node, stc Bahrain takes on a critical role in bolstering network security and maintaining consensus. This collaboration reflects stc Bahrain’s commitment to harnessing the transformative capabilities of decentralized AI, powered by Allora’s advancements in crowdsourced intelligence, reinforcement learning, and regret minimization.

Allora powers innovative, secure, and decentralized applications, driving cutting-edge protocols and unlocking new use cases for advanced solutions.

Mr. Saad Odeh, Chief Wholesale Officer at stc Bahrain, commented, “At stc Bahrain, we are dedicated to embracing emerging technologies that redefine industries and contribute to Bahrain’s Vision 2030 goals. Allora Network’s cutting-edge AI capabilities are a valuable addition to our Web3 Launchpad Program, further cementing Bahrain’s position as a hub for innovation and digital transformation.”

Nick Emmons, Co-Founder and CEO of Allora Labs, added, “We are thrilled to partner with stc Bahrain under the Web3 Launchpad Program. Their role as a validator node directly strengthens the security, consensus, and reliability of the Allora Network, which is essential for fostering trust and driving growth in decentralized infrastructure. Together, we strive to advance blockchain technology and explore AI innovations within and beyond telecommunications.”

Allora blog notes, “As the Web3 and AI ecosystems continue to expand, our collaboration with stc Bahrain strengthens the foundation for a robust, innovative, and decentralized digital economy. By working together to foster a collaborative environment for emerging technologies, we are proud to contribute to Bahrain’s Vision 2030 program, advancing progress toward a more innovative and sustainable future.”

UAE Sigma Capital venture firm launches $100 million Web3 fund

UAE Sigma Capital venture firm launches $100 million Web3 fund

UAE based Sigma Capital, a Web3 early-stage venture firm, has launched a $100 million fund dedicated to accelerating the next wave of Web3 innovation in the Middle East and globally. As per the press release, the fund launch spotlights the UAE’s growing role as a global hub for the Web3 & Blockchain sector.


The fund will focus on early-stage venture investments in transformative areas such as DeFi, blockchain infrastructure, real-world asset tokenization, gaming and the metaverse.

Sigma Capital will actively manage a portfolio of liquid tokens, seizing market opportunities to generate consistent returns. The fund will also leverage high-yield DeFi strategies to optimize portfolio performance and invest in high growth crypto venture funds that broaden exposure to emerging innovations.


Vineet Budki,an expert in the Web3 space, and the former CEO and Managing Partner of Cypher Capital, also a Web3 VC based out of UAE, will lead the fund.

Vineet spearheaded over 300+ investments in high-profile projects, including Mysten Labs, Sei Network, Casper Labs, Web3Auth, Casper labs, Manta network, Mocaverse, Peak network and MyPetHooligan.


The Sigma Capital Team has years of experience in the Blockchain investing space and have been invested or partnered with multiple reputed players in the Blockchain space which include Polygon Technology, Morningstar Ventures, Blockchain Founders Fund, Woodstock Fund and many others.


Vineet Budki, CEO and Managing Partner of Sigma Capital, said, “We envision a digital economy that is more open, inclusive, and innovative. The UAE’s dynamic economy and forward-thinking regulatory environment provide the perfect backdrop for Web3 innovation. This fund empowers startups with capital, equips them with access to our extensive network and expertise, and enables them to thrive in a rapidly evolving landscape.”


Sandeep Naliwal, Founder Polygon Technology one of the leading players in the Blockchain space noted, “ Vineet’s track record as a visionary leader in Web3 speaks for itself. His deep understanding of market dynamics and foresight in nurturing high-impact projects have been pivotal in advancing the ecosystem. The launch of Sigma Capital’s $100 million fund is a testament to his expertise and the UAE’s emergence as a global hub for blockchain innovation. I have no doubt this fund will catalyze the next wave of groundbreaking startups and solidify the region’s role in the decentralized economy.”


Sigma Capital plans to deploy investments across 100 early-stage projects, 25 liquid tokens, and 10 fund-of-fund allocations over the next three years. The firm’s strategic edge lies in its proven expertise and global reach, leveraging its network to provide access to key exchanges, market makers, exchanges, launchpads and opinion leaders.

Danilo S. Carlucci, Founder & CEO at Morningstar Ventures, and a key partner in the fund sdded, “Since our establishment in Dubai in 2020, Morningstar Ventures has been committed to supporting transformative projects and bold founders that push the boundaries of blockchain innovation. Sigma Capital’s $100 million fund is a testament to the region’s growing influence in blockchain and financial technology. It will support the growth of Web3 startups and further solidify the region’s position as a leader in financial innovation.”


Sigma Capital collaborates with Web3 hubs across 10 global cities, providing portfolio companies with deep market insights and comprehensive support to enable success in a competitive market. By combining a diversified approach with deep market access, Sigma Capital aims to drive sustainable growth in both the Global and GCC Web3 ecosystem.


The firm’s dual presence in Dubai and Singapore, coupled with regulatory oversight from the Cayman Islands, ensures access to global opportunities while maintaining a strong compliance framework.

In December 2024, The Hashgraph Group (THG), the Swiss-based international business, technology, and investment firm that operates exclusively within the Hedera ecosystem, secured a fund management license through its subsidiary Hashgraph Ventures Manager Ltd in ADGM planned to launch a $100 million global venture fund (Hashgraph Venture Fund-I). The strategic Web3 venture fund would focus on generating attractive long-term returns by investing in proven early-stage and well-established companies utilizing deep technologies to build and commercialize enterprise-grade solutions and products for the Web3 economy.

Saudi Princess Nourah Al Faisal leads Web3 Blockchain hackathon for youth innovation

Saudi Princess Nourah Al Faisal leads Web3 Blockchain hackathon for youth innovation

Saudi Arabia recently hosted the NEXTG3N Hackathon, led by Her Royal Highness Princess Nourah Al Faisal. The event was held from January 9th until the 11th 2025 at Princess Nourah University in Riyadh. It gathered international innovators alongside Saudi talent to develop groundbreaking solutions at the crossroads of Web3 and gaming using decentralized solutions for learning environments. Selected innovations from the hackathon will be showcased at a side event during the World Economic Forum in Davos.

Her Royal Highness Princess Nourah Al Faisal, Chief Creative Director of Adhlal sponsored the event in collaboration with W3 ff Venture Builder. Adhlal brings deep expertise in empowering Saudi youth through creative ecosystems aligned with Vision 2030, while W3-ff leverages cutting-edge Web3 technologies and venture-building strategies.

The Hackathon included a track under the theme of Web3 and Identity, where participants were asked to create secure, decentralized, and personalized learning environments using Web3 technologies. The track question was “How can decentralized identities empower young learners and creatives in Saudi Arabia to securely access, develop, and share learning content?”

In an article published in Arab News, Princess Nourah was quoted as highlighting how blockchain could provide a secure space for young users fostering their engagement with digital platforms. Princess Nourah remarked on the significance of soft skills in preparing the youth for future challenges, and added: “When we think about the evolving landscape over the next few years, we must consider how to foster innovation and creativity among youth.”

The second track covered Future Skill Development. It centered on building future skills through immersive hackathon experiences.
How can we empower Saudi Arabia’s youth to develop future literacy, creative collaboration, and entrepreneurial thinking while solving real-world challenges?

While the third track covered Games to grow, where participants were asked to design engaging and innovative gaming experiences that enhance creative skillsets, promote problem-solving, and encourage design thinking. How can gaming be leveraged to accelerate the development of young designers in a fun and impactful way?

Speakers at the event included Princess Nourah; Hamad Al-Owaishiq, founder and CEO of the Saudi Youth Society; Tanja Ludwig from W3 ff Venture Builder in Germany; Dalia Samra-Rohte from the Algemeine Handels Kamer; and Xavier Prost from Veridos UAE, one of the event’s sponsors.

42.000,- SAR in prizes were distributed to winning the teams.

Animoca Brands moves to next stage with Saudi Neom

Animoca Brands moves to next stage with Saudi Neom

 In 2024, Animoca Brands and Saudi Arabian NEOM Investment Fund signs a strategic partnership that included a $50 million convertible notes financing from NEOM into Animoca, today Animoca Brands announce that the next step of the partnership is fast approaching and it includes building a solid web3 infrastructure using innovative technologies.

In the 2024 announcement, as part of the partnership, Animoca Brands would work with NEOM to build Web3 enterprise service capabilities which would be deployed to support technology advancements in Riyadh and the NEOM region.

As per the news at the time, these projects would include a range of Web3 initiatives, including plans to establish a hub within NEOM to nurture the local Web3 ecosystem and bring in extensive capabilities from across Animoca Brands and its subsidiaries, partners, and broad portfolio of investments.

In a recent Linkedin post, Animoca Brands noted that they continue to support NEOM and its commitment to driving regional web3 development.

In 2024, Animoca Brands facilitated the Web3 development of NEOM with dedicated Web3 strategy workshops, and the networking conference “Outer Edge Riyadh” in KSA.

In 20205 the next phase starts which will include building the Web3 infrastructure.

As per the LinkedIn post which quoted Yat Siu as saying, “NEOM is the world’s most ambitious project seeking to use innovation and technology to redefine how we live, work, and play.”

Animoca Brands has invested in startups in KSA including Saudi’s first NFT marketplace platform, Nuqtah.

Web3 Blockchain market to reach $104 billion by 2032

Web3 Blockchain market to reach $104 billion by 2032

The SNS Insider report has indicated that the Web 3.0 blockchain market size which was valued at USD 3.59 billion in 2023 is expected to grow to USD 104.04 billion by 2032, growing at a CAGR of 45.47% over the forecast period of 2024-2032.

According to the Web3 report by 2023, there were over 3,000 active dApps, with decentralized finance applications contributing a substantial portion of the market’s value.

The total value locked in DeFi reached an estimated USD 60 billion in 2023, reflecting the rising demand for decentralized financial services.

Additionally, the non-fungible token industry, which has transformed industries like art and gaming, saw sales surpassing in 2023, a notable increase compared to previous years.

Smart contracts have also been pivotal in accelerating Web 3.0 adoption. By 2023, Ethereum, the leading blockchain for smart contracts, processed over 1.5 million smart contract executions daily, demonstrating the widespread use of blockchain-based automation across sectors such as supply chain management, insurance, and healthcare.

Finally, in 2023, venture capital investments in blockchain startups reached USD 30 billion, highlighting the growing interest in Web 3.0 technologies. These investments are expected to drive further innovation and the development of more advanced blockchain solutions in the coming years.

Circle of Games has launched in MENA out of UAE

Circle of Games has launched in MENA out of UAE

Circle of Games (COG), the blockchain enabled Web3 global multi-gaming platform backed by Nazara, has launched in the MENA region at the renowned Global Game Show held at the Grand Hyatt Exhibition Centre in Dubai.

The launch event drew an audience of industry pioneers, gamers, and Web3 enthusiasts, with Yat Siu, Chairman of Animoca Brands, as the distinguished chief guest. His keynote address celebrated COG’s innovative integration of casual gaming with blockchain technology, positioning it as a leader in the Web3 gaming ecosystem.

The event highlighted COG’s robust portfolio of games, including globally popular titles like Ludo, Fruit Slash, Bubble Shooter, Chess, and 8-Ball Pool. With six games already live and an ambitious roadmap to surpass ten titles by Q1 2025, COG is set to become the preferred destination for casual gamers worldwide.

The launch underscored COG’s strategic collaborations with key global corporations and leading strategic partners. These alliances offer access to over 500 million users across 50+ countries, strengthening the company’s competitive edge. By drawing users from an established ecosystem, COG is accelerating its growth and establishing a foundation for long-term success.

Attendees witnessed live demonstrations of COG’s state-of-the-art features, including seamless user experiences, multi-chain integrations, and engaging game mechanics. With over 500,000 registered users so far and ambitious goals to reach 25 million users by the end of 2025 and 100 million users by the end of 2027 worldwide, COG is reshaping the future of casual gaming in the Web3 era.

“Today marks a significant milestone for Circle of Games as we expand into the MENA region. With our robust ecosystem, strategic partnerships, and an experienced team, we are committed to delivering an unparalleled gaming experience for users worldwide,” said Rabilal Thapa, CEO/Co-Founder of Circle of Games, during the event.

Circle of Games, funded by Nazara, has outlined an ambitious regional expansion strategy, with launches slated for the UAE in Q4 2024, followed by Saudi Arabia, Kuwait, and Bahrain in Q1 2025, and Turkey, Egypt, and Morocco in Q2 2025. With projections to achieve 7.5 million users by 2025, 18 million by 2026, and 25 million by 2027, COG is poised to dominate the Web3 gaming landscape in the region.

Circle of Games receives investments from THA and Nazara

In April of 2024, Circle of Games (COG), raised $1 million in equity funding from strategic investors Nazara Technologies FZ LLC, (a wholly-owned subsidiary of the Nazara Technologies Limited) and The Hashgraph Association, the Swiss-based organization at the forefront of global digital enablement for Hedera.

At the time, COG noted that it intended to use this funding to fast-track its go-to-market strategy, improve platform capabilities, and widen its international presence in the US, EU, Middle East, Africa, and Asia in 2024.

COG has implemented multi-chain technology, with Hedera being the primary mainnet where the majority of on-chain transactions occur, and is empowering players with full ownership and control over their in-game assets and tokens.

Gaming in MENA region

Gaming in the MENA region and especially in the UAE has become a big market. According to recent reports, the gaming market value in the MENA region is expected to reach $10 billion by 2027. This surge is driven by the growing number of gamers and the rising popularity of mobile games.

Saudi Arabia is more than just participating in the global gaming arena. As the 19th largest gaming market in the world, with 89% of its population engaged in gaming, including 42% women and 45% aged 21-35—the kingdom is redefining what it means to be a player in this dominating entertainment frontier.

Aligned with Vision 2030, Saudi Arabia aims to develop 30 competitive games and establish itself as a global gaming hub by 2030. The kingdom is backing this ambition with a bold $38 billion investment from the Public Investment Fund (PIF)’s Savvy Games Group, which is focused on acquiring publishers and nurturing local talent.

UAE is also becoming a fast mover by embracing the developing blockchain gaming sector. After a brief period of decline due to innovative and regulatory challenges, Web3 gaming has seen a revival in user engagement this year. In the third quarter, the sector reached 4.4 million daily active wallets. In the same period, blockchain games attracted more than $110 million in funding.

The UAE has positioned itself as a global leader in driving the blockchain gaming sector. Proactive policies and strategic investments are transforming the country into a central hub for Web3 gaming projects. The sector is expected to hit $1 billion in the UAE alone by 2025.

Recently The Beam Foundation launched Beam Ventures in Abu Dhabi, the first venture fund focused exclusively on Web3 gaming from ADGM. The $150 million gaming fund aims to accelerate promising founders and contribute to Abu Dhabi’s transformation into a global gaming hub.

Global Blockchain show is covering Web3, Crypto mining, and AI in UAE

Global Blockchain show is covering Web3, Crypto mining, and AI in UAE

Join the Global Blockchain Show: The Ultimate Blockchain Season Finale!

Welcome to the Global Blockchain Show, the Web3 Founders’ Festival set to unite industry leaders, developers, and blockchain enthusiasts from around the world. Taking place in the vibrant city of Dubai on 12-13 December 2024, this event will immerse you in the future of blockchain with 16 hours of unplugged networking, discussions, and collaboration with Web3’s top 1%.

This year’s show is more than just a conference – it’s a festival including the best minds in Web3. With 3000+ Web3 Founders, 75+ industry icons, 200+ startups, and 100+ of the most sought-after investors, you’ll be part of something truly exceptional.

Our agenda covers a wide range of trending topics across various verticals, including:

  • Web3 Gaming: Explore the future of gaming in the decentralized web.
  • Digital Currency: Understand the evolving landscape of digital financial systems.
  • Blockchain Regulations: Gain insights into the regulatory frameworks shaping the blockchain industry.
  • Crypto Mining & Trading: Learn from experts about the latest strategies and technologies in cryptocurrency mining and trading.
  • Web3 Security: Discover cutting-edge security measures to protect decentralized applications and platforms.
  • Integration of AI & Blockchain: Examine how artificial intelligence and blockchain are converging to create innovative solutions.
  • Crypto Collectibles: Dive into the world of NFTs and other digital collectibles.

The Global Blockchain Show provides an unparalleled opportunity to network in an unhinged, informal setting with top professionals from sectors such as startups, corporations, solution providers, and investors.

Event Highlights:

  • Meet the top 1% in Web3 during a 16-hour mixer
  • 200+ of the top 1% Web3 Startups showcasing their innovations
  • 100+ of the most influential Web3 investors ready to connect, and with buying intent

Top Speakers Include:

  • Yat Siu: Co-Founder and Chairman, Animoca Brands
  • Rachel Conlan: Global Chief Marketing Officer, Binance
  • H.E. Justin Sun: Founder of TRON, Member of the HTX Global Advisory Board
  • Marcello Mari: CEO & Founder of SingularityDAO
  • Alicia Kao: Managing Director, Kucoin
  • David Palmer: Chief Product Officer, Co-founder, Vodafone
  • Vivien Lin: Head of BingX Labs, BingX
  • Jason Allegrante: Chief Legal & Compliance Officer, Fireblocks
  • Dr. Sameer Al Ansari: CEO, RAK DAO
  • Pierre Samaties: Chief Business Officer, DFINITY
  • Alex Fazel: Chief Partnership Officer, Swissborg

To View the Full List of Speakers – Click Here

Who Should Attend? 

Whether you’re an entrepreneur, investor, developer, researcher, or simply passionate about Web3, this event is for you. If you’re looking to explore opportunities, gain cutting-edge insights, or connect with like-minded individuals shaping the future of blockchain, the Global Blockchain Show in Dubai is the place to be.

Don’t miss the chance to be part of this revolutionary event.

For more information and to secure your ticket, visit: https://www.globalblockchainshow.com/tickets/

ABO Digital invests $5 million in UAE Blockchain enabled Binary Holdings

ABO Digital invests $5 million in UAE Blockchain enabled Binary Holdings

ABO Digital, a digital asset investment firm has invested $5 million in UAE based The Binary Holdings, a UAE-based technology powerhouse valued at $16.9 billion.

As per the release, this investment will power The Binary Holdings to accelerate its mission of transforming the global digital economy. With a robust user base of 169 million across multiple verticals, The Binary Holdings is reshaping how businesses, consumers, and investors interact in the digital landscape, and is targeting one billion users by 2025.

The company seeks with this investment to drive the expansion of a decentralized open network that seamlessly integrates with Web2 infrastructure while unlocking the full potential of Web3, empowering businesses and users to benefit from digital services such as cross border payments, gaming, digital social and other compelling services.

The Binary Holdings has contracts with seven leading telcos and a growing network of non-telco partners. At the center of the Decentralized Open Network for Distribution and Commerce is The Binary Network, where users, businesses, and service providers can seamlessly connect and transact across borders.

By using BNRY, the network’s single digital currency, The Binary Network is redefining the way value flows between participants, ensuring that payments are frictionless and accessible to users worldwide. This bold vision of using a single digital currency across its vast ecosystem enables true interoperability and cross-pollination amongst its diverse range of partners in both the telco and non-telco sectors, allowing for commerce to flow in a way that was previously unimaginable, eliminating the barriers between platforms and national borders.

The platform’s ability to facilitate seamless transactions and interactions across multiple industries has already garnered attention from some of the world’s largest companies. With contracts signed with seven major telcos, The Binary Holdings is on track to reach 1 billion users by December 2025, becoming a true global player in the decentralized economy.

In Q2 2025, The Binary Holdings will launch Millenia, a digital bank aimed at simplifying cross-border payments and remittances for users within The Binary Network. Designed to empower seamless transactions for individuals and businesses, Millenia will offer a low-cost, fast, and transparent service powered by the secure decentralised and interoperable infrastructure of The Binary Network, with BNRY as the primary transaction digital currency.

The Binary Holdings’ blockchain infrastructure is gaining strong traction among dApp developers. Through partnerships with over seven Layer 1 and Layer 2 blockchain networks, The Binary Holdings has created unique bridges which provide dApps immediate access to Binary’s expanding user base of 169 million, projected to reach one billion by 2025, creating unmatched engagement and utility.

“The Binary Holdings is at the forefront of creating a new global standard for digital distribution and commerce,” said Siddharth Sahi, CBO, The Binary Holdings. “With the launch of the Binary Digital Bank, support from ABO Digital, and an expanding network of partners, we’re excited to continue pushing boundaries and bringing innovative solutions to our global community.

A Tech Powerhouse in Southeast Asia and the Middle East and a Global Leader in the Digital Economy through Mass Adoption

The Binary Holdings is rapidly establishing itself as one of the region’s most valuable and innovative tech companies, with a valuation of $16.9 billion. With strong partnerships, an expanding user base, and a commitment to essential infrastructure, The Binary Holdings is on track to become a global digital economy leader. Its blockchain technology drives innovation in decentralized finance (DeFi), NFTs, gaming, and digital commerce at scale, building a robust ecosystem that redefines business, payments, and global interactions.

“We are excited to collaborate with The Binary Holdings at such a pivotal time in the evolution of the digital economy” said Talal Samy, Investment Associate at ABO Digital. “The company’s ability to innovate, scale, and bring real-world solutions to a global audience is unmatched. Their groundbreaking work in creating seamless global interoperability and fostering mass adoption of decentralised technologies aligns perfectly with our mission, and we are proud to support them as they continue to shape the future of Web3.”