Quant Wins US, UK Bank Deals as QNT Surges 300%

- Quant secures major US and UK banking partnerships for tokenized deposit networks - QNT rallies over 300% following first live transfers by seven UK banks On September 28, 2026 (UTC), CoinDesk reported that Quant, a blockchain infrastructure provider, landed partnerships with pivotal US and UK banking groups, which fueled QNT’s price surge and signaled a shift toward tokenized deposit networks. According to CoinDesk on September 28, 2026, The Clearing House, a consortium representing 25 of the largest US banks including JPMorgan Chase, Bank of America, and Citi, selected Quant to deliver its Overledger solution for a nationwide interoperable payments network. The initiative targets live deployment in the first half of 2027 and aims to clear and settle tokenized deposits across member institutions while integrating with legacy systems such as RTP and CHIPS. Meanwhile, Cryptopolitan reported on September 28, 2026, that in the UK, seven major banks—including Barclays, HSBC, Lloyds, NatWest, and Santander—completed their first live interbank transfers of tokenized pound deposits using Quant’s platform. This milestone marked the activation of Quant’s technology in a real-world banking environment and reinforced Quant’s central role in tokenized banking systems across both regions. As a result, the twin announcements sparked rapid market excitement. Bitget News reported on September 28, 2026, that QNT rallied more than 300% weekly, briefly touching $371 before retracing to approximately $260. However, despite the price action, it remains unclear how the QNT token itself accrues direct value, since the partnerships specifically reference Quant’s technology and company, not the token. Bitget News added that technical signals showed elevated volatility, as QNT was rejected at the $320–$370 resistance zone and the daily RSI hit a five-year high of 86, suggesting a likely pullback or consolidation phase ahead. As of 04:09 UTC on September 28, 2026, market data showed Quant (QNT) trading at $258.71, with a 48.6% change in 24-hour trading volume.