Uranium
Startup Uranium Digital Raises $16.5 Million for Uranium Trading on the Blockchain
American startup Uranium Digital has raised $16.5 million in a Series A round led by Blockchain Capital. The company is developing an electronic platform for institutional uranium trading, using digital warehouse receipts and blockchain to account for rights to physical raw materials. Interest in the market is growing amid the development of nuclear energy.
Anchorage Digital Adds Custody Support for Etherlink and Tokenized Uranium
Anchorage Digital Bank has expanded its custody support by adding Etherlink and the xU3O8 token, representing physical uranium, with a market capitalization of over $9 million.