New Digital Token Offers Decentralized Uranium Trading
• World's first uranium-backed digital token, Uranium3o8 ($U), is now live on Uniswap decentralized exchange • Allows qualified entities to buy/sell uranium exposure and take physical delivery via decentralized finance • Aims to bring more liquidity and efficient price discovery to currently opaque, paper-based uranium market • Each $U token represents one pound of physical uranium sourced from Namibia by Madison Metals • Comes as nuclear power demand and uranium prices are projected to rise significantly in the coming decades