Quant, Ondo Soar 30% as Wall Street Pushes Tokenization Onchain

Two cryptocurrencies, Quant (QNT) and Ondo (ONDO), surged more than 30% in value over the past 24 hours. The gains came after The Clearing House announced that Quant will power its tokenized-deposit network, expected to launch in the first half of 2027.

Ondo Finance also made headlines by launching portfolios built on BlackRock model strategies for non-US investors.

Quant's onchain activity jumped significantly, with active addresses hitting a high of 2,064 on September 24. The token's futures volume reached $814 million over 24 hours, while its open interest nearly doubled to about $33 million.