Quant

Companies House records Quant Network Ltd as an active private company incorporated on 28 September 2015. Quant's own biography describes the venture as founded in 2018 and identifies Gilbert Verdian as founder and CEO. One date marks the legal vehicle and the other the public project; merging them hides how company and token were assembled.

QNT appeared as an Ethereum ERC-20, not a new consensus network. Quant's preserved notice says it burned 9,545,765.950989192 unsold QNT on 14 September 2018, leaving 14,612,493.080826178 issued. The verified contract still exposes a 45,467,000 theoretical total, so supply claims must name their measurement rather than copy the explorer headline.

In January 2021, Quant said Release 1.5 opened production connectivity to Bitcoin, Ethereum and Ripple after identity checks. That supports a product release, but it is a vendor statement rather than public telemetry about customer workloads.

Release 2.1.5 gave QNT a concrete job: a £100 annual production licence paid through MetaMask, with the sandbox free. The token paid at the turnstile; Quant still controlled identity approval, credentials, the environment and the licence.

Current terms soften the wording to utility tokens customers may use for products, services and staking. They also let Quant change functionality and limit access for compliance or security. Holding the payment token is therefore not an irrevocable software licence.

Current docs specify Gateway authentication, DLT Connectors, Flow Applications, firewall controls and an OP Stack-based Fusion execution layer. Quant announced Fusion mainnet on 2 June 2026 and relaunched Quant Connect for credentials, workflows and asset movement.

The same docs label mainnet active yet require API keys, use permissioned data availability, vary network mappings by deployment and show a placeholder chain ID. The supportable conclusion is a live controlled product, not an independently observable permissionless network whose adoption can be read from a public explorer.

BIS calls Project Rosalind an experiment that built a 33-endpoint retail-CBDC API prototype and explored more than 30 use cases. UK Finance later named Quant among supporters of a live tokenised-sterling-deposit pilot scheduled through mid-2026. Prototype and pilot are meaningful stages, not nationwide production.

Neither record says QNT was the CBDC, bank deposit or settlement asset. Flow Apps can also charge QNT, stablecoins or another supported ERC-20, while the public staking chapter remains under construction. A bank logo does not by itself prove QNT demand.

The legal boundary is clearer: Quant Network Ltd is private and QNT is a utility under service terms. Reviewed records provide no shares, dividends, reserve redemption, patent ownership or ballot over directors. Product success and holder value require separate evidence.