Uranium.io Platform Launches Uranium Marketplace Based on Tezos Blockchain

• Uranium.io democratizes uranium trading via Tezos blockchain
• Retail investors access a market previously restricted to institutional investors
• Tokenization of physical uranium increases liquidity and transparency

The Uranium.io platform, developed on the Tezos blockchain, launches a decentralized market for uranium trading, democratizing access to this resource strategic. Traditionally, uranium trading has been restricted to institutional investors due to significant barriers to entry. With Uranium.io, retail investors can trade fractions of Uranium Trioxide (U3O8), known as “yellowcake,” represented by digital tokens on the Tezos blockchain.

In partnership with Curzon Uranium, a leading uranium trading company, and Archax, the UK’s first registered cryptocurrency exchange, Uranium.io ensures that each token is backed by physical deposits of uranium stored in regulated facilities owned by Cameco, a leading global uranium supplier. This structure ensures the integrity and security of tokenized assets.

Arthur Breitman, co-founder of Tezos, highlighted that the transparency and accessibility provided by blockchain are key to revolutionizing the uranium market. He stated: “Unlike many proposed use cases for blockchain, the uranium market benefits substantially from a shared, transparent, and globally accessible ledger. This allows a global audience to finally access an asset that is critical to the future of energy at an affordable price.”

The initiative comes at a time of growing demand for nuclear energy, driven by the search for low-carbon alternatives and the increase in energy consumption by data centers and artificial intelligence applications. Companies such as Microsoft, Google and Amazon are investing in nuclear energy solutions to meet the energy needs of their AI infrastructures.

The tokenization of real-world assets such as uranium represents an emerging trend in financial markets, increasing liquidity and accessibility for investors. Uranium.io exemplifies this evolution by enabling retail investors to participate in a previously inaccessible market, with transactions facilitated by smart contracts that automate processes and reduce the need for intermediaries.

If successful, Uranium.io could serve as a model for other commodity markets, demonstrating the potential of blockchain technology to reduce barriers and frictions in global trade. Breitman noted, “There is enormous value in reducing friction in global trade.”