The Clearing House, a bank-owned US payments operator, has selected Quant to provide software for a planned network handling tokenized bank deposits. The arrangement would support transfers of digital representations of bank deposits between institutions, but the September 24 deal does not say whether those transactions would require Quant's $QNT utility token. $QNT rose to an intraday high of $373 on Sept. 27 before falling sharply the next day to an intraday low of $195.35 and then rebounding.