The Binary Holdings Launches L1 on Avalanche

The Binary Holdings (TBH), a Web3 infrastructure company, has launched its native L1 blockchain, The Binary Network, on Avalanche. The integration connects TBH’s large telco user base with Avalanche’s ecosystem.

Through its partnerships, TBH has onboarded more than 169 million users and 75 million active wallets onto Avalanche via The Binary Network. The company expects these numbers to grow as it expands into new markets in Southeast Asia and Africa, linking Web3 services with telecom customers.

TBH integrates Web3 applications into telco apps through OneWave, a platform that supports digital services inside existing mobile applications. This approach allows users to access Avalanche-based applications without additional onboarding steps.

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