Hex Trust, a licensed digital asset custodian, has teamed up with Etherlink, an Ethereum-compatible Layer 2 on the Tezos blockchain, to provide custody services for a tokenized uranium product called xU3O8. This collaboration, supported by Trilitech, is designed to give institutional investors access to uranium and other commodities issued on Etherlink.
The xU3O8 token, created by Curzon, represents physical refined uranium (U3O8) and is traded on exchanges like the UK-regulated Archax. According to Trilitech, tokenizing uranium addresses the issues of limited access and opaque pricing that have historically plagued the market.
This partnership is part of a growing trend of tokenizing real-world assets (RWAs), bringing commodities like uranium, gold, and real estate onto the blockchain to enhance liquidity and transparency. Hex Trust, which is licensed in multiple financial hubs, has been expanding its RWA services and recently received in-principle approval for a payment license in Singapore to facilitate tokenized asset settlement.
This news also follows the launch of Uranium.io, the first decentralized uranium trading platform, which now allows retail investors to purchase tokenized uranium for as little as $10, a significant departure from the multimillion-dollar buy-ins required for traditional uranium deals.
August 2025, Cryptoniteuae
