The Binary Summit Bangkok Aims to Onboard Billions via Telcos and Loyalty Programs
The Binary Holdings, a Dubai-based Web3 infrastructure provider, unveiled ambitious plans at its inaugural Bangkok summit to become the world’s largest Web3 company. CEO Manit Parikh revealed a $17 billion valuation during the May 8-10 event, which focused on onboarding billions through partnerships with Asian telecom giants.
The company’s infrastructure enables applications to distribute loyalty points redeemable for services—a model that attracted $5 million in strategic funding from ABO Digital last December. This telco-focused approach could bridge Web2 and Web3 for mass adoption.