Hex Trust, a prominent digital asset custodian, has expanded its institutional-grade custody services to include xU3O8, a tokenized uranium asset. This significant development, supported by Trilitech, integrates real-world assets (RWAs) onto the blockchain via Etherlink, an EVM-compatible Layer 2 solution built on Tezos. The move aims to enhance accessibility and transparency in the traditionally opaque uranium market for institutional investors.
Key Takeaways
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Hex Trust now offers institutional custody for xU3O8, a tokenized uranium asset.
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The tokenized uranium is issued on Etherlink, an EVM-compatible Layer 2 solution on Tezos.
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The initiative is supported by Trilitech, a key developer for Tezos and Etherlink.
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xU3O8 is backed by Curzon and traded on the UK-regulated exchange Archax.
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This move enhances accessibility and transparency in the uranium market for institutional investors.
Hex Trust Embraces Tokenized Uranium
Hex Trust's latest offering allows institutional clients to securely custody xU3O8, a tokenized representation of refined uranium (U3O8). This asset is backed by Curzon, a uranium trading firm, and is traded on the UK-regulated exchange Archax. The tokenization of uranium aims to provide greater liquidity and transparency compared to traditional over-the-counter trading methods. This expansion aligns with a broader trend of bringing real-world assets onto the blockchain, catering to increasing institutional interest in this sector.
Bridging Traditional Finance and Blockchain
Giorgia Pellizzari, Hex Trust’s Head of Custody, highlighted how blockchain technology is improving the accessibility and transparency of commodities like uranium, which have historically been difficult for institutions to access. Ben Elvidge, Trilitech’s Head of Commercial Applications, emphasized that tokenization addresses key challenges in uranium trading, such as limited market access and a lack of pricing transparency. The integration with a regulated custodian like Hex Trust significantly lowers the barriers to entry for institutional investors.
Lowering Investment Barriers
The initiative builds upon the launch of Uranium.io, the first decentralized uranium trading platform on the Tezos blockchain. Earlier this year, Uranium.io partnered with Transak, enabling retail investors to purchase tokenized uranium with as little as $10, a stark contrast to the multi-million dollar minimums typically required in traditional uranium trading. This democratization of access is a key benefit of tokenization.
Institutional Appetite for RWAs
The tokenized uranium market is experiencing significant growth, with reports indicating a 260% increase in 2025. Hex Trust's expansion into this niche reflects its strategic positioning as a key player in bridging traditional markets with blockchain-based infrastructure. With licenses in Singapore, Italy, and Dubai, and in-principle approval for a major payment institution license in Singapore, Hex Trust is well-equipped to support the growing demand for tokenized real-world assets.
Sources
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Hex Trust Expands Custody to Tokenized Uranium xU3O8 on Etherlink, AInvest.
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Hex Trust adds institutional custody for tokenized uranium — TradingView News, TradingView.
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Hex Trust Integrates Etherlink and Enables Custody for Tokenized Uranium, xU3O8, FF News | Fintech Finance.
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Hex Trust Adds Custody for Tokenized Uranium via Tezos-Based Etherlink, Cointelegraph.
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Hex Trust Expands Custody to Tokenized Uranium via Etherlink, AInvest.
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