Quant (QNT) Price Surges 16% Fueled by CBDC Collaboration and Institutional Interest

Quant, the company behind the QNT cryptocurrency token, has experienced a notable surge in its price, rising by over 16%. This impressive rise is attributed to several factors: increasing investment from financial institutions, notably banks, and substantial progress made with Central Bank Digital Currency (CBDC) initiatives, particularly those being developed in collaboration with the European Central Bank. The momentum for CBDCs and Quant’s involvement within this space has attracted significant attention from investors, signaling a potential shift towards wider adoption of its technology within the financial system.