In a landmark move, Qatari investment company MBK Holding has just injected $15 million into QANplatform, propelling the country to the forefront of disruptive technologies. Spearheaded by H.E. Sheikh Mansoor Bin Khalifa Al-Thani, a member of the royal family, this initiative positions Qatar as a pioneer of the blockchain revolution.
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MBK Holding invests $15 million in QANplatform
Renowned for its expertise in technology investments, MBK Holding joins forces with a $15 million investment in QANplatform to stimulate innovation in the blockchain sector. The official announcement was attended by key figures such as H.E. Sheikh Mansoor Bin Khalifa Al-Thani, Jevgenia Kim (CEO of QANplatform), and Johann Polecsak (co-founder and CTO of QANplatform).
MBK Holding specializes in supporting technology start-ups, leveraging its global network and expertise to nurture their growth. In addition to substantial financial investment, the company offers expansion services to QANplatform to help it conquer new markets.
Johann Polecsak, co-founder of QAN, makes no secret of his satisfaction:
This investment validates our mission to build the most robust and user-friendly blockchain infrastructure.Declaration of Johann Polecsak
QANplatform is already attracting a great deal of interest, with notable partnerships such as Hacken, Beosin and Alpine Esports. His selection for the program Ernst & Young Startup Program further underlines its growing importance on the world stage. This collaboration with MBK Holding promises to propel the British technology startup to new heights.
A promising convergence
QANplatform in addition to being a EVM-compatible Layer 1 hybrid platform and resistant to quantum attacks:
- allows developers to easily create smart contracts, DApps, NFT and more, in almost all programming languages.
- is the first private blockchain resistant to quantum attacks, integrating the recommendations of the National Institute of Standards and Technology (NIST). This innovation ensures unparalleled robustness against the growing threats of quantum computing..
Powered by a leading Qatari conglomerate, it remains to be seen where blockchain will go in the coming months!
As a journalist at Coinpri, I’ve been captivated by the world of bitcoin and blockchain since 2020. The decentralized aspect of Bitcoin particularly piqued my interest. Since then, I’ve been working constantly to spread my knowledge, hoping one day to see a world where everyone fully enjoys their financial freedom.