Nov 30th, 2025• 3 min read
Quant Powers UK's Historic Banking Tokenization Pilot
Quant Network has been selected to provide the core technology infrastructure for the UK's groundbreaking tokenized sterling deposits pilot, partnering with six major banks including HSBC, Barclays, and Lloyds.
Key takeaways
🏦 Major Banking Partnership: Quant selected by UK Finance to power tokenized sterling deposits pilot with HSBC, Barclays, Lloyds, NatWest, Santander, and Nationwide through mid-2026.
💱 Programmable Money Infrastructure: The project will test programmable payments, fraud reduction, and automated settlement processes using Quant's Overledger technology.
🚀 Market Response: QNT price surged 30% over the past week with trading volume spiking 425% to $90M as investors recognize the institutional validation.
📈 Enterprise Adoption: This builds on Quant's 2024 Regulated Liability Network success, positioning QNT tokens as essential infrastructure for compliant financial rails.
🎯 Real-World Utility: The pilot will test three key use cases including online marketplace fraud prevention, property transaction automation, and digital asset settlement acceleration.
Deep dive
Quant Network's selection for the UK's tokenized sterling deposits project represents a significant milestone in institutional blockchain adoption.
The two-year pilot, running until mid-2026, will leverage Quant's Overledger technology to create programmable money infrastructure connecting traditional banking systems with blockchain networks.
This initiative follows Quant's successful delivery of the first phase of the UK's Regulated Liability Network in 2024, demonstrating proven capability in enterprise blockchain integration.
The project aims to test how tokenized commercial bank deposits can improve payments, settlement efficiency, and fraud protection across the UK's £14.5 trillion annual payment system.
Market response has been notably positive, with QNT experiencing significant price appreciation and volume increases as investors recognize the potential for increased enterprise demand for Overledger licenses priced in QNT tokens.
Polaris insights AI-generated
Disclaimer: This article may contain content generated or assisted by AI, based on information from public sources. While we aim for accuracy, no content should be taken as financial or trading advice. Always do your own research and consult a professional before making investment decisions. Markets are volatile and involve risk.
