QNT Price Surges as Quant Powers UK’s Tokenised Sterling Deposits Project

The post QNT Price Surges as Quant Powers UK’s Tokenised Sterling Deposits Project appeared first on Coinpedia Fintech News

The QNT price jumped sharply after Quant was selected to deliver the core infrastructure for the UK’s Tokenised Sterling Deposits (GBTD) initiative. This milestone, backed by top UK banks, positions Quant at the center of programmable payments and interoperability, fueling expectations of long-term adoption and potential QNT price growth.

QNT Price Chart Reacts to UK Finance Partnership

The news had an immediate effect to the QNT price chart, with trading volume and open interests spiking after the announcement. Within hours, price of QNT cryptocurrency jumped over 10% in intraday, indicating a positive sentiment for the project among institutions.

I'm delighted to announce that @quant_network has been selected to create the new payments infrastructure and bank technology of the UK's Tokenised Sterling Deposits (GBTD), a groundbreaking financial market infrastructure initiative led by UK Finance, in collaboration with major…

— Gilbert Verdian (@gverdian) September 26, 2025

This move highlights strong market conviction that Quant’s role in the UK’s tokenised sterling deposits project could serve as a growth driver not just for adoption but also for future QNT crypto price narratives.

Why the Project Matters for QNT Crypto

Quant’s appointment by UK Finance underscores its credibility among global financial giants. Collectively, these institutions manage trillions in assets, signaling strong institutional backing for Quant’s infrastructure.