Key Highlights: Quant rallied after The Clearing House selected the firm to support its On-Chain Money Initiative for clearing tokenized bank deposits by the first half of 2027. Midnight surged 96.5% following the launch of permissionless smart contract deployments on mainnet and upgraded wallet features. Lighter plummeted 28.7% amid Robinhood’s perpetual-futures expansion, while Ethena slipped ...
Key Highlights Quant ($QNT) surged 38% after The Clearing House selected its network for the On-Chain Money Initiative, which processes approximately $2 trillion in daily U.S. payments, while U.K. banks simultaneously executed live tokenized sterling deposit transactions. Derivatives activity exploded with volume jumping 637.49% to $214.37 million and open interest rising 78.87% to $29.54 million, ...
Key Highlights Seven major UK banks—including Barclays, HSBC UK, Lloyds, Monzo, Nationwide, NatWest, and Santander—executed the first live customer transactions using tokenized sterling deposits through the Great British Tokenised Deposit initiative. The pilots covered two remortgage completions and a consumer marketplace purchase, demonstrating automated fund locking and release that reduces settlement delays and counterparty risk. ...