Tokenized Uranium Asset xU3O8 Highlights RWA Potential

Anchorage Digital Bank has announced support for the custody of xU3O8, a token representing fractional ownership of physical uranium concentrate (yellowcake). With a market capitalization of $9 million, the asset is backed by physical reserves held by Cameco and governed by UK law. The tokenization of uranium aims to address high entry barriers, long settlement cycles, and opaque pricing in the traditional commodities market, signaling a potential expansion of RWA tokenization beyond gold.