xU3O8 powers your ownership and trading of physical uranium (U3O8).
Dec 9, 2024 • 5 tweets • 2 min read
🧵 1/5: Want to learn how tokenized #uranium is revolutionizing access to uranium ore concentrate, or ‘yellowcake?’
By leveraging a decentralized ledger and smart contract capability, tokenized uranium enables holders to own digitally allocated yellowcake uranium stored in a robust physical vault. 💪
2/5: With the portability of a digital wallet, you can access uranium ore concentrate, otherwise known as U3O8. It’s a crucial intermediary in nuclear fuel production. As global energy demand rises and nuclear energy becomes a key player in decarbonization, demand for U3O8 is increasing. ⚛️
But up until now, its access to retail investors has been limited.