Qatar's MBK Holding Pioneers $15 Million Investment in UK-Based QANplatform for Blockchain Innovation

Thoughts about this VC deal?

Quick take:

"MBK Holding, a Qatar-based investment powerhouse...led by

H.E. Sheikh Mansoor Bin Khalifa Al-Thani, a prominent member of Qatar’s ruling family"

That looks to be an intriguing partnership which isn't just funding...

"Beyond the substantial financial commitment, MBK Holding extends comprehensive growth services aimed at facilitating global market access and expansion for QANplatform"

This funding is not the seed round, this comes as the project is about to launch its fully integrated testnet, prior to main.

They have already delivered a privatenet to the public which was when they first mentioned MBK getting involved.

That announcement also mentioned IBM, Alpine esports, Pankl racing systems.

I saw major potential prior to this deal. This backing and support takes it to the next level.