Anchorage Digital Bank Custodies Tokenized Uranium
- Anchorage Digital Bank became the first federally chartered bank to custody tokenized uranium on September 16, 2026.
- The xU3O8 token is linked to physical yellowcake stored by Cameco under Archax trust supervision.
- Despite federal approval, the xU3O8 market remains small with a valuation near $9 million.
- The token allows regulated funds to hold uranium in segregated, bankruptcy-remote accounts alongside bitcoin and cash equivalents.
- The xU3O8 token is issued via Uranium.io with Archax acting as trustee, enabling quick asset transfers under English trust law.
Anchorage Digital Bank’s move into custodial services for tokenized uranium marks a significant step in bridging traditional commodities with blockchain technology. The bank’s regulatory compliance simplifies the process for institutional investors seeking exposure to nuclear energy assets without the logistical complexities of physical storage.
With a modest market capitalization of approximately $9 million, the introduction of xU3O8 tokens demonstrates growing interest in digital asset solutions for real-world commodities. This development could pave the way for broader adoption and integration of blockchain in commodity trading sectors.Source
