Quant (QNT) Surges Following Partnership with The Clearing House

Quant (QNT) experienced a significant price rally, climbing nearly 400% to $357 before pulling back to $241, following an announcement that The Clearing House selected Quant to power its On-Chain Money Initiative. On-chain data from Santiment shows a record number of whale transactions and a substantial increase in active addresses and open interest between September 23 and 27. The project aims to facilitate the clearing and settlement of tokenized deposits for financial institutions by the first half of 2027.