CryptoMedium•25 September 2026•
1 min read
Quant Tokens Surge as Major UK Banks Test Tokenized Deposits
Key Facts
1Quant (QNT) token jumped over 40% after major UK banks executed the first tokenized deposits.
2Lloyds, Barclays, and HSBC UK participated in the Great British Tokenized Deposit (GBTD) initiative.
Quant (QNT) token jumped over 40% after major UK banks executed the first tokenized deposits. Invezz reported that Barclays, Lloyds, and HSBC UK participated in the Great British Tokenized Deposit (GBTD) initiative, triggering significant price increases in tokens associated with Real World Asset (RWA) tokenization.
Barclays (BCS) closed at $24.43 on September 24, 2026, amid this institutional push to integrate cryptographic technology into traditional banking frameworks. The initiative, which also included Monzo, focused on testing the efficiency of tokenized deposits for financial settlements.