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Transak, Uranium.io partnership lets users buy tokenized uranium with crypto

The minimum barrier to entry for tokenized Uranium is now just $10, down from the previous minimum of $4.2 million for over-the-counter uranium trades.

COINTELEGRAPH IN YOUR SOCIAL FEED

Transak, a Web3 payment infrastructure provider, has partnered with the world’s first blockchain-based uranium trading marketplace, Uranium.io. 

Through the integration, retail investors can purchase tokenized shares of uranium with cryptocurrency or credit cards.

The partnership aims to disintermediate the uranium trading industry and make it more accessible for retail investors by enabling minimum purchases of just $10.

Previously, entering the over-the-counter uranium market required a minimum investment of approximately $4.2 million for 50,000 pounds of uranium.

The new payment on-ramp is set to bring increased retail investor interest to tokenized Uranium trading, according to Carlo de Luca Gabrielli, global director of sales at Transak.

“Physical uranium as an investment asset class has been largely out of reach for the average retail investor,” Gabrielli told Cointelegraph. “For the first time in history, anyone can legally invest in the commodity for as little as $10 as opposed to the earlier $4.2 million,” he added.

Uranium.io launch. Source: Tezos

The platform, which launched on the Tezos blockchain in December 2024, enables uranium trading through decentralized applications.

Related: Trump family may build ‘giant businesses’ on Ethereum — Lubin

RWA tokenization poised for significant growth in 2025

The uranium trading platform is part of the growing real-world asset (RWA) tokenization sector, which refers to financial and tangible assets being minted on the immutable blockchain ledger to increase investor accessibility and liquidity around the assets.

This year will likely be a “fruitful year” for tokenized assets, thanks to the benefits introduced by blockchain technology, including new liquidity opportunities, near-instant settlement and fractional ownership of an asset, Gabrielli said, adding:

“These traits are most advantageous for high-value less-liquid assets like Uranium, real estate, and many other commodities. So, traditional markets finding their way on the blockchain is an inevitable and natural progression in a global economy.”

Uranium purchased through the decentralized applications will be maintained as physical Triuranium octoxide (U3O8) at a regulated depository owned and operated by Cameco, one of the leading uranium providers worldwide.

Related: US court overturns Tornado Cash sanctions in pivotal case for crypto

The platform launched in partnership with Curzon Uranium, a leading uranium trading company that traded over $1 billion worth of the asset, and Archax, the first registered cryptocurrency exchange in the United Kingdom, according to an announcement shared exclusively with Cointelegraph.

RWA tokenization, market size predictions by 2030. Source: Tren Finance

The RWA sector could see more than 50-fold growth by 2030, according to predictions from some of the largest financial institutions and business consulting firms compiled in a Tren Finance research report.

How tokenization will transform traditional finance | Interview with FTX US president Brett Harrison. Source: YouTube

Magazine: They solved crypto’s janky UX problem. You just haven’t noticed yet

This article first appeared at Cointelegraph.com News

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