Quant, an enterprise blockchain interoperability platform, achieved major institutional adoption on September 24, 2026, when seven UK banks including Barclays and HSBC processed live customer transactions on tokenised sterling deposits, and The Clearing House named it the interoperability layer for US payment infrastructure connecting 25 major banks. The company, founded by Gilbert Verdian with deep government and banking security credentials, has spent over a decade building institutional partnerships, culminating in embedding its Overledger technology across UK and US financial systems without requiring bridges or wrapped tokens.
Discussion on X highlights delays in AI hardware capex (~$30bn) due to data center issues, with Barclays noting typical 2-3 month spending delays before asset deployment. Posts debate whether AI capex valuations are priced into stocks, citing memory demand growth outpacing supply increases significantly.
Cryptocurrency spot ETFs saw net inflows on September 23, with Bitcoin receiving $346.98M and Ethereum $104.63M. UK banks completed the first live customer transactions using tokenised sterling deposits on Quant-built infrastructure, enabling programmable payments for mortgages and marketplace purchases.
Financial analysts debate AI infrastructure spending and market outlook following the Fed's first interest rate hike since 2023. UBS forecasts 84% AI capex growth this year and positive equity returns over 6–12 months, while Barclays warns the AI trade is maturing with rising execution risks and recommends portfolio diversification beyond concentrated US tech stocks.
UBS forecasts AI infrastructure investment (capex) will grow 84% this year and 33% next, while Barclays warns the AI trade is entering a mature phase with execution risks. The Federal Reserve's first rate increase since 2023 is seen as a credibility-clearing event that supports the dollar and equities, though concerns persist about whether hyperscalers can generate sufficient revenue to justify massive capex spending.