QANplatform, the quantum-resistant Layer 1 blockchain, has successfully signed a $15 Million investment contract with MBK Holding prior to its highly anticipated testnet launch.

MBK Holding, an investment holding company with its main office in Qatar and a subsidiary in the United Kingdom, focuses on investing in technology startups. The founder and chairman, H.E. Sheikh Mansoor Bin Khalifa Al-Thani, member of the Qatari ruling family, formerly served for a decade as the director of information technology for the Council of tthe Qatar Ruling Family Affairs.

The announcement was held at the Qatar Science and Technology Park (QSTP) – Qatar’s premier hub for applied research, technology innovation, incubation, and entrepreneurship – by H.E. Sheikh Mansoor Bin Khalifa Al-Thani, Founder and Chairman of MBK Holding, Jevgenia Kim, CEO of QANplatform, and Johann Polecsak, Co-Founder and CTO of QANplatform.

Besides the $15 Million technology-focused investment commitment, MBK Holding offers growth services to facilitate global market access and expansion for QANplatform. MBK Holding’s focus extends to various regional markets, including Qatar, Saudi Arabia, United Arab Emirates, Turkey, and United Kingdom while also encompassing other global opportunities.