Quant (QNT) Surges 180% in a Week Amid Bank Tokenization Milestone

Quant (QNT) rallied approximately 180% over the past week, reaching over $167 with 24-hour trading volume exceeding $600 million. The surge follows The Clearing House (TCH) selecting Quant as the technology provider for its "On-Chain Money Initiative" on September 24. Shortly after, seven major UK banks, including Barclays, HSBC, and Lloyds, completed the world's first real-customer payment transactions using tokenized GBP deposits via the Quant platform. Quant's Overledger acts as an interoperability layer, enabling communication between different blockchains and legacy systems without requiring banks to migrate to a single chain. The article also highlights Canton Network (CC) and Canto (CANTO) as other assets within the bank tokenization and RWA infrastructure space.