QNT stock or QNT token? Quantinuum shares vs Quant crypto

Two assets, one ticker

If you typed "QNT stock" into a search engine, you were probably looking for one of two things. Either you wanted the share price of a company whose exchange symbol is QNT, or you wanted the crypto token called Quant, which has used the symbol QNT since 2018 and which this site covers. Until mid-2026 the distinction barely mattered, because no stock traded under that symbol. That changed when Quantinuum listed on Nasdaq and took QNT as its ticker.

The two have nothing to do with each other. Quantinuum builds quantum computers and is backed by Honeywell. Quant Network Ltd builds software that connects banks to blockchains and issues the QNT token. Neither owns, licenses or endorses the other, and the name overlap is a coincidence of abbreviation. We state this plainly because the number of searches for "QNT stock price" and "QNT IPO" that land on crypto pages suggests a lot of people are reading about the wrong asset.

Quantinuum: the Nasdaq QNT

Quantinuum priced its initial public offering in early June 2026 and began trading on the Nasdaq Global Market on 4 June 2026 under the ticker QNT. The IPO was upsized and priced at $60 per Class A share, above the marketed range of $53 to $55, with 28,000,000 shares sold for gross proceeds of about $1.68 billion. The stock opened at $68 on its first day and closed roughly flat on the offer price, giving the company a market value of around $15.7 billion according to CNBC's coverage of the first trade.

Quantinuum is a quantum-computing company formed from Honeywell Quantum Solutions and Cambridge Quantum, and Honeywell remained a major shareholder at the IPO. It builds trapped-ion quantum hardware and related software. As a US-listed company it files with the Securities and Exchange Commission, publishes quarterly results and is covered by equity analysts; a search result indicated its first quarterly report as a public company (for the third quarter of 2026) was scheduled for 5 November 2026, which we have not verified against a company notice. If you want its current share price, use your broker or a stock-market data site; this site does not track it.

Quant Network: the crypto QNT

The crypto QNT is the token of Quant Network Ltd, a private limited company registered in England and Wales under company number 09798383, incorporated on 28 September 2015 and headquartered in London. The company sells Overledger, an API layer that lets banks and institutions connect to multiple blockchains, along with the Fusion rollup and the Quant Flow programmable-money platform. Its customers include UK banks on the tokenised sterling deposits project and, from September 2026, The Clearing House in the US. The what is Quant page covers the product; the history page covers the company's path from an ISO standards proposal to today.

The token itself is an ERC-20 contract on Ethereum at address 0x4a220E6096B25EADb88358cb44068A3248254675, with a fixed supply of 14,612,493 QNT since September 2018. It was sold to the public in April 2018 at roughly $1.10 to $1.51 (sources differ), peaked around $427 in September 2021 and traded near $200 in early November 2026. It is not a share: it carries no equity, dividend or governance rights, and holding it gives you no claim on Quant Network Ltd. Full details are on the tokenomics page.

Quant Network Ltd has never announced an initial public offering, has no listed shares and no stock ticker. Its ownership runs through a holding company, Quant Group Corporation Ltd, whose controlling interest is held by a trust, according to Companies House records and the company's Blockworks transparency filing. Anyone offering you "Quant Network shares" or "QNT pre-IPO allocation" is either confused or running a scam; our is Quant legit page lists the ones we know about.

How to tell them apart

A few quick checks will tell you which QNT a page, a chart or a broker is showing you.

Where it trades. If the venue is Nasdaq, or a stockbroker, or a page that quotes a P/E ratio, earnings per share or a quarterly report, it is Quantinuum. If the venue is a crypto exchange such as Coinbase, Kraken or Binance, or the page quotes market cap in terms of circulating supply, all-time high or contract address, it is the Quant token.

The price range. Quantinuum priced at $60 and opened at $68. The Quant token traded between about $56 and $287 on daily closes across the twelve months to November 2026. The two ranges overlap, so price alone is not a reliable test; a price with a candle chart in USDT is the token, a price quoted against a share count is the stock.

The unit. Shares come in whole numbers from a company with about 28 million newly issued Class A shares plus existing holdings. Tokens have 18 decimal places and a total of 14.6 million. If you can buy 0.0137 of it, it is the token.

The issuer and regulator. Quantinuum files with the SEC and is listed under Nasdaq rules. Quant Network Ltd is registered at Companies House, is not an FCA-authorised firm (its only FCA register entry is as a payment-services agent for read-only account information), and its token is traded on exchanges regulated, where they are regulated at all, under crypto-asset rules such as the UK's cryptoasset registration regime or the EU's MiCA.

The company website. quantinuum.com is the quantum-computing company. quant.network is the blockchain company. Treat any other domain claiming to be either with suspicion; a phishing site at claims-quant.network imitating the real one has already been documented.

How to get exposure to the Quant token

If what you wanted was the crypto asset, you have three broad routes, none of which involves a stock exchange order for ticker QNT.

Crypto exchanges

QNT trades on most large centralised exchanges. The deepest markets on 2 November 2026 were Binance QNT/USDT, Coinbase QNT/USD, Kraken QNT/USD and QNT/EUR, Bybit, Bitvavo QNT/EUR and Bitget, with Bitstamp, Crypto.com, KuCoin, Gemini, Bitpanda, BISON, BtcTurk and Paribu among the others. You open an account, complete identity verification, deposit fiat and buy. The how to buy guide walks through the steps and the exchanges page compares venues by region and payment method. You can then keep the tokens on the exchange or withdraw them to your own wallet.

An exchange-traded product

For investors who want the token inside a brokerage account, Valour Inc issues Valour Quant (QNT) SEK, an exchange-traded product listed on the Spotlight Stock Market in Sweden since 24 September 2025, ISIN CH1108681706, with a management fee of 1.9% a year. Valour's page lists Avanza, Montrose, Nordnet and SAVR as brokers through which it can be bought. It is denominated in Swedish kronor, so non-Swedish investors take on a currency exposure as well as the fee. We found no QNT product from 21Shares, VanEck or CoinShares, and none listed on SIX, Xetra or Euronext, though that absence is based on a search rather than a full register check. Note that an ETP is a debt instrument backed by the issuer's holdings, not direct token ownership.

Brokerage and fintech apps

Some multi-asset apps offer QNT alongside stocks: Revolut publishes a "how to buy Quant" page, and eToro and Uphold have had QNT market pages, though we could not verify current availability on the latter two. In these apps you usually cannot withdraw the token to your own wallet, so you hold a claim on the app rather than the asset itself. Check the terms before assuming otherwise.

Why searchers get confused

Search volume for "QNT stock" is several times larger than for most Quant-token queries, and much of it is likely tied to the Quantinuum listing. Search engines, stock apps and news aggregators key on the ticker string, so a query for QNT returns a mixture of Nasdaq quotes, quantum-computing coverage and crypto price pages. Three things make it worse.

First, both companies are technology firms with the word "Quant" in the name and partnerships with large enterprises, including, as noted, Oracle. Second, the crypto token has an unusually high unit price for an altcoin, in the same tens-to-hundreds-of-dollars range as a share, so a bare number does not give the game away. Third, the token's own profile encourages the mix-up: Quant Network is a conventional UK company with real bank customers rather than a decentralised protocol, and some holders half-expect an IPO that has never been announced.

There is a fourth, cruder confusion: an unrelated Solana memecoin called "Gen Z Quant" went viral in November 2024 after a child livestreamed selling his tokens, spawning a family of "Quant" meme tokens. None of them has anything to do with either QNT. The is Quant legit page sorts out the name clashes in full.

Side-by-side comparison

Everything in the Quantinuum column comes from the company's IPO press releases and first-day press coverage; we do not track its ongoing share price or results. Everything in the token column is verifiable on Etherscan, Companies House and the sources listed below. If you came here for the stock, your broker's QNT page is the right next stop. If you came for the token, the live QNT price page and the review are where to go.