$QNT устроил real breakout
Quant gained about 70% over the past day, and the reason wasn’t another crypto hype.
On September 24, The Clearing House selected Quant technology for its On-Chain Money Initiative. The project’s goal is to build infrastructure for clearing and settlement of tokenized bank deposits and connect it to existing payment systems RTP and CHIPS.
That is, this isn’t just about a blockchain startup, but about infrastructure for the traditional financial sector.
However, after this kind of move QNT is already in a zone of extreme volatility. Over a few days the price has risen many times, so the market will now test whether this fundamental catalyst can justify such an overvalued surge.
Institutional tokenization or an overheated pump? 👀
#QNT
Quant gained about 70% over the past day, and the reason wasn’t another crypto hype.
On September 24, The Clearing House selected Quant technology for its On-Chain Money Initiative. The project’s goal is to build infrastructure for clearing and settlement of tokenized bank deposits and connect it to existing payment systems RTP and CHIPS.
That is, this isn’t just about a blockchain startup, but about infrastructure for the traditional financial sector.
However, after this kind of move QNT is already in a zone of extreme volatility. Over a few days the price has risen many times, so the market will now test whether this fundamental catalyst can justify such an overvalued surge.
Institutional tokenization or an overheated pump? 👀
#QNT
