Is Quant legit? Verify the company, the token and the name confusion

The short answer

Quant is a legitimate company with a verifiable corporate record, verifiable enterprise customers and a token that has traded since 2018 on major exchanges. Whether QNT is a good investment is a different question, and one this site does not answer for you; the review page lays out the strengths and risks. This page is narrower. It is about whether the thing exists as described, who is behind it, what regulators say, and how to avoid the scams that borrow its name.

We also need to deal with a search-engine accident. "Quant coin scam" and "quant coin rug pull" spiked in late 2024 because of an unrelated Solana meme coin that happened to use the ticker QUANT. If you arrived here after reading about a twelve-year-old and a livestream, skip to the Gen Z Quant section.

Company facts you can check

The operating company is Quant Network Ltd, a private limited company in England and Wales, company number 09798383, incorporated on 28 September 2015 under the name Remitt Ltd and renamed on 2 June 2017. Its registered office is 20-22 Wenlock Road, London N1 7GU, a common registered-office address for London companies, and its status on the register is Active. Gilbert Verdian has been a director since incorporation; a second original director resigned in 2017. The company's accounts are filed to 30 September each year, with the latest full accounts filed in July 2026.

Above it sits Quant Group Corporation Ltd (formerly Quant Network Holdings Ltd), company 12299977, incorporated in November 2019, whose controlling interest the public record traces to a Jersey trustee. In Switzerland, Quant Network AG in Zug was registered in October 2017 and renamed QNT Services AG in August 2024; the Blockworks token-transparency filing identifies the Swiss entity as the issuer at the 2018 token sale, which is also why Etherscan's ICO box shows "Country: Switzerland". A "Quant Network Europe Limited" appears as the ECB innovation-platform participant; its jurisdiction is not something we have confirmed.

So the answer to "quant coin hangi ülkenin", or which country Quant belongs to, is the United Kingdom, with a Swiss token-issuing entity. The company says it is headquartered in central London with a global presence. There is no foundation and no DAO; the project runs entirely through for-profit companies, and the history page traces who built it and when.

Regulatory status: a software vendor, not a licensed firm

This is the point most often misunderstood in both directions. Quant Network Ltd is not an FCA-authorised firm and is not on the FCA's register of cryptoasset businesses under the Money Laundering Regulations. Fans sometimes claim it is "FCA regulated"; it is not. Critics sometimes treat the absence as a red flag; it is not that either. The MLR registration applies to firms operating a cryptoasset exchange or custodian wallet service in the UK. Quant sells enterprise software and APIs to banks and does not run an exchange or hold customer crypto, so on the public facts registration is not triggered. That is our reading of the rules, not an FCA determination, and the UK is phasing in a new cryptoasset authorisation regime whose final scope should be checked when it is in force.

There is one entry worth explaining precisely. The FCA's list of payment-services agents shows Quant Network Ltd as a PSD agent of Yapily Connect Ltd, firm reference number 1038324, effective 11 July 2025, for account information services only. In plain English: Yapily is an authorised open-banking provider; Quant is registered as its agent so that Quant's banking products can read account data through Yapily's permission. It is read-only, it carries no EEA permissions, and it does not make Quant itself an authorised firm. It is the kind of entry a fintech software vendor would have, and nothing more.

A related trap: if a website or caller tells you Quant is "regulated" and therefore your deposit is "protected", that is a sales pitch, not a fact. No regulator guarantees QNT, and the how-to-buy guide explains which protections do and do not apply when you use an exchange.

How MiCA classifies QNT

In the European Union, the Markets in Crypto-Assets Regulation has applied in full since 30 December 2024, with national transition periods for existing service providers ending at the latest on 1 July 2026. QNT is an ERC-20 utility token used to pay for Overledger licences and, since mid-2026, for gas and node staking on the Fusion rollup. It is not an asset-referenced token or an e-money token, so it falls under MiCA Title II as an "other crypto-asset". Because QNT was already trading before 30 December 2024, the white-paper obligation on the issuer does not apply retroactively; exchanges that admit it to trading must, however, ensure a compliant white paper exists. Whether one has been notified to a national authority for QNT is something we have not confirmed; the ESMA interim register is the place to check.

What this means for you in Germany or the Netherlands is simple. Any exchange selling you QNT must hold a MiCA licence from BaFin, the AFM or another EU authority, and its marketing must be fair and clear. The token itself is not "approved" by anyone; MiCA licenses intermediaries, not coins. The exchanges page lists venues by country and regulator.

Security record

We found no protocol-level hack of Overledger and no exploit of the QNT token contract. The contract is a plain 2018 StandardToken with no owner or minting functions, reviewed by EtherAuthority according to the Blockworks filing, though Etherscan notes that no formal audit has been submitted to it and no public audit of Overledger or Fusion has been located. Supply has been fixed at 14,612,493 QNT since the September 2018 burn, as the tokenomics page documents.

Two incidents involved QNT without being Quant's fault, and both are instructive. On 14 April 2023 the Bitrue exchange lost roughly $23 to 24 million from a hot wallet, including QNT, and the attacker's selling pushed the price down about 7.6 percent in hours. That is an exchange compromise; if you hold on an exchange, you carry its security. In July 2026 SlowMist reported that 1,988.5 QNT, worth about 55 ETH, was drained from a user's account through an EIP-7702 delegation contract that lacked a permission check. EIP-7702 lets an ordinary Ethereum account temporarily behave like a smart contract; a malicious or careless delegation can hand control of everything in it to someone else. That is an Ethereum account-abstraction risk, not a QNT contract flaw, and it is a good argument for the hardware-wallet habits on the wallets page.

Scams that use Quant's name

Because Quant sells to banks and does not run promotions, almost anything that looks like a promotion in its name is fraudulent. The patterns security researchers have documented:

• Fake airdrops. Sites such as nft-quant[.]com offered a "QNT Mysterybox" airdrop; connecting a wallet signs a drainer transaction. Quant has never announced an airdrop.
• "Treasury rewards" claims. A lookalike domain, claims-quant[.]network, imitated quant.network with a "claim treasury rewards" button. The real site is quant.network and nothing else.
• Counterfeit wallet apps. In April 2026 a fake Ledger Live app on Apple's App Store, published under an unrelated company name, drained about $9.5 million across many tokens. Install wallet software only from the vendor's own links.
• Lookalike wallet sites. One documented victim lost about $3,500 of QNT to a fake Trust Wallet page.
• Unrelated "QNT" businesses. qntwallet.com is an unregulated investment site with no link to Quant. Anything calling itself the "official Quant wallet" is suspect, because Quant publishes no consumer wallet.
• Fake support. Quant does not appear to run an official Telegram or Discord; community groups are fan-run. Ignore any email not from the @quant.network domain.

The "Gen Z Quant" confusion and the rug-pull searches

On or around 20 November 2024 a twelve-year-old launched a meme coin with the ticker QUANT, nicknamed "Gen Z Quant", on the Solana launchpad Pump.fun, livestreamed it, and sold roughly 51 million tokens for about 128 SOL, around $30,000 at the time. Traders then pumped the abandoned token by tens of thousands of percent to a market cap in the tens of millions as "revenge", spawning copycats named after the child's family and prompting Pump.fun to pause livestreaming. It was a rug pull, it was widely covered, and it generated a wave of "quant coin rug pull" searches that still lands people on pages about Quant Network.

The two have nothing in common except four letters. Gen Z Quant was a Solana token created in 2024 by a child; QNT is an Ethereum ERC-20 token created in 2018 by a UK company with bank customers. If you are checking a token someone sent you, the test is the contract address: real QNT lives at 0x4a220E6096B25EADb88358cb44068A3248254675 on Ethereum and nowhere else. Anything on Solana, BNB Chain or another network calling itself Quant is a different asset, and no official bridged version of QNT has been found. You can trace genuine QNT transfers on the transaction tracker.

Red flags versus green flags

Here is the checklist we apply to any token, with Quant's record against each item.

The last row is the honest caveat. Quant passes the fraud tests comfortably, but it is a private company that does not disclose Overledger revenue or how much QNT customers actually buy, so the token's economic case rests on inference. Legitimate and transparent are not the same word.

Regulator links and warning lists

Use the primary sources, not screenshots. The FCA's Financial Services Register shows authorised firms and agents, and its ScamSmart warning list flags firms operating without permission; the FCA cryptoassets hub explains the UK promotions regime, which since October 2023 requires risk warnings and a 24-hour cooling-off period for first-time investors. In Germany, BaFin's crypto-assets pages cover MiCAR authorisation and publish warnings about unauthorised providers. In the Netherlands, the AFM's crypto portal lists licensed service providers. In Turkey, the Capital Markets Board (SPK) publishes the lists of crypto-asset platforms in operation and those removed, and being on the "in operation" list is not the same as authorisation. For the EU as a whole, ESMA's MiCA page keeps an interim register of licensed providers and non-compliant entities.

None of those lists will show Quant Network Ltd as a warned or sanctioned firm, and none will show it as a licensed crypto firm either, because it is neither. That is the correct and slightly boring outcome of doing the checks, and it is what "legit" looks like for a business-to-business software company whose product happens to be paid for with a token. For what that token is actually used for, see the what-is-Quant explainer.