QNT surges about 300% in seven days on TCH banking deal

  • Quant secured cooperation with TCH to provide technology for banks’ tokenized deposits.
  • QNT gained about 300% over seven days following the announcement.
  • TCH is backed by 25 major banks and handles over $2 trillion daily.

QNT has risen about 300% in seven days after Quant secured cooperation with TCH, a U.S. clearinghouse backed by 25 major banks including JPMorgan Chase, Bank of America and Citigroup. TCH processes more than $2 trillion in daily interbank clearing and will use Quant’s underlying technology to support tokenized deposits for banks. The agreement is being framed as an entry point for Quant into core U.S. banking infrastructure.

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