🚨 WHY DID $QNT PUMP SO HARD?
QNT’s pump is mainly linked to institutional banking news. The Clearing House selected Quant to provide the interoperability layer for its On Chain Money Initiative, which is designed for banks to clear and settle tokenized deposits. The network is expected to become available to institutions in the first half of 2027.
There was also a second catalyst from the UK: UK Finance announced live customer transactions using tokenized sterling deposits on Quant’s infrastructure. The combination of these developments triggered heavy buying and a major increase in trading activity.
QNT’s pump is mainly linked to institutional banking news. The Clearing House selected Quant to provide the interoperability layer for its On Chain Money Initiative, which is designed for banks to clear and settle tokenized deposits. The network is expected to become available to institutions in the first half of 2027.
There was also a second catalyst from the UK: UK Finance announced live customer transactions using tokenized sterling deposits on Quant’s infrastructure. The combination of these developments triggered heavy buying and a major increase in trading activity.
