$QNT Founder-Linked Wallet Moves $7 Million Amid Massive Token Surge Driven by The Clearing House Partnership

$QNT Founder-Linked Wallet Moves $7 Million Amid Massive Token Surge Driven by The Clearing House Partnership
A cryptocurrency wallet linked to Quant's founder transferred 25,776 $QNT tokens—valued at approximately $6.97 million—following seven years of dormancy, according to on-chain data from Lookonchain.
The wallet distributed the assets across several newly created addresses while retaining a massive holding of roughly 600,000 tokens, valued at approximately $160.39 million.
The notable on-chain movement coincides with a massive weekly rally for $QNT, which surged up to 300% following the announcement that The Clearing House—which settles over $2 trillion daily—selected Quant to connect its tokenized-deposit network.
Additionally, Quant-built infrastructure is supporting live customer transactions across major UK financial institutions, including Barclays, HSBC, Lloyds, and NatWest.