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Sep 28, 2026

Quant surges 300% after winning tokenized deposit deals with major US and UK banks

Quant's QNT token rallied over 300% in one week after The Clearing House selected Quant software for a US tokenized bank deposit network and reports emerged of UK bank partnerships.

Sep 28, 2026·4 sources

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Top claims

▪Tokenized bank deposits are a superior alternative to publicly issued stablecoins
▪The UK tokenized sterling deposit pilot transactions announced by UK Finance were conducted as part of the Great British Tokenised Deposit initiative, which also includes Monzo and Nationwide
▪Seven major UK banks, including Barclays, HSBC UK, Lloyds, NatWest, and Santander, completed live transactions using tokenized sterling deposits through a platform built by Quant for the Great British Tokenised Deposit initiative

Topics

Tokenization Institutional crypto adoption Crypto bank charters Blockchain interoperability Crypto markets Altcoin markets

Related entities

United States United Kingdom