Hex Trust Launches Institutional Custody for Tokenized Uranium xU3O8 on Etherlink

Hex Trust has added institutional custody support for the tokenized uranium asset xU3O8, which is built on Etherlink, a Layer 2 scaling solution based on the Tezos blockchain. This move marks a significant development in the tokenization of real-world commodities, as it allows institutional investors to securely manage and hold digital representations of physical uranium assets [1]. The asset, xU3O8, is already listed on multiple exchanges and is considered an innovative convergence of blockchain technology and energy markets [2].

By offering custody for xU3O8, Hex Trust is expanding its role as a key infrastructure provider in the tokenized asset ecosystem. The custody service provides a regulated framework for storing and managing the tokenized uranium, which could encourage broader institutional adoption of on-chain commodities. The company has previously supported custody for various digital assets, but this marks its first step into the energy commodities sector through blockchain [3]. The initiative is also seen as a strategic move to integrate more emerging blockchain protocols into its custody infrastructure.

The partnership with Trilitech and the Etherlink team has enabled Hex Trust to offer a regulated custody solution for commodity tokens, reinforcing Etherlink’s position as a viable platform for real-world asset tokenization [4]. The integration may help drive more development and usage of the network, particularly in sectors where regulatory clarity and asset authenticity are critical.

The growing trend of tokenizing real-world assets has led to increased interest from institutional investors, who are exploring ways to diversify their portfolios through blockchain-based commodities. xU3O8’s inclusion in Hex Trust’s custody services aligns with this trend and could pave the way for more tokenized assets to enter institutional markets. However, the actual market impact remains to be seen, as the volume of transactions or investor participation has not yet been disclosed [5].

This development highlights the potential of blockchain to transform traditional asset management and trading practices, particularly in energy and materials markets. As more platforms and custodians adopt similar strategies, the tokenization of commodities may become a more mainstream investment vehicle, offering greater liquidity and accessibility for global investors.

Source: [1] https://ffnews.com/newsarticle/cryptocurrency/hex-trust-integrates-etherlink-and-enables-custody-for-tokenized-uranium-xu3o8/

[2] https://financefeeds.com/hex-trust-integrates-etherlink-adds-custody-for-tokenized-uranium-asset-xu3o8/

[3] https://advfn.com/stock-market/COIN/BTCUSD/crypto-news/96614221/bitget-to-list-world3-wai-for-spot-trading-with-ov

[4] https://cointelegraph.com/category/latest-news

[5] https://app.rwa.xyz/