Uranium.io (XU3O8) is the world's first tokenized uranium, where each token represents fair ownership of physical uranium stored and verified by Cameco. XU3O8 is an ERC-20 token built on Etherlink (high-speed L2 supported by Tezos technology), combining deep on chain composability with institutional level infrastructure. This project has opened up a global 24/7 uranium trading channel, which has always been a illiquid and restricted commodity, while providing a compliant, secure, and scalable channel for DeFi and traditional finance. Its legal structure also means that xU3O8 is not a security. The fundamentals of this asset (low correlation with other assets, supply imbalance, demand growth) and its alignment with the interests of technology oriented investors make it an attractive choice not only for Web3 users, but also for Web2 traders who previously lacked effective and convenient access to physical uranium.
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