The Clearing House, the payments firm owned by the largest US banks, chose Quant's software for its tokenized deposit network.

The price ran +4.6% to 289.79 on the news, holding structure above the 20-day EMA. But the press release doesn't mention the QNT token, and while Quant licenses are paid in QNT, the fee for this deal isn't public.

The whole move is a bet on an unknown number.

Is the market correctly pricing in a massive, unannounced license fee, or is this just exit liquidity on a great headline?
$QNT