Alex

Highlights: Uranium Digital has raised $6.1 million to develop a spot platform.

a company led by Framework Ventures is working on crypto infrastructure.
seeks to attract institutional investors amid changes in the uranium market.
Uranium Digital founder #Alex Dolesky announced that he has secured $6.1 million in seed funding to build a #cryptocurrency platform for uranium trading. The funding round, led by Framework Ventures, is an important step in creating an efficient uranium marketplace.
Industry experts point to this moment as highlighting the intersection of #blockchain and commodity trading. The move could transform uranium trading by merging crypto-infrastructure with the needs of the traditional market.
Uranium Digital plans to create the world's first institutional uranium spot market using a $6.1 million seed round from Framework Ventures. Alex Dolesky, founder and CEO of the company, aims to revolutionize the uranium market to meet growing global demand.
The new platform is designed to address existing market inefficiencies by integrating crypto-technology to accelerate and increase transparency in trading processes. As the uranium market recovers, the spot market could attract more institutional participants in response to the growing demand for nuclear energy.
The announcement drew different reactions in the market, especially from nuclear energy advocates who see potential in an orderly trading system. Alex Dolesky wrote on the podcast: In today's episode ... explains why a commodity that provides 10% of the world's electricity is still traded over the phone.
It's a sentiment echoed by those seeking to modernize the industry.
Did you know?
The Uranium Digital initiative is in line with past technological changes in commodity trading, echoing the move from open trading to electronic systems in the 1990s.

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After the failed launch of the HAWK coin meme, Hawk Tua girl Hallie Welch finally opened up, but was heavily berated by members of the crypto community After launching

HAWK, Welch went silent for weeks. The last time we heard from her was an audio stream on December 4, in which she tweeted that she was going to sleep.
After that, there were no social media posts, no podcasts, no tweets - nothing until Friday's X message.
I take this very seriously and want to reach out to my fans, affected investors and the community at large. I am fully cooperating with the legal team representing the victims and I am ready to help them, uncover the truth, bring the perpetrators to justice and resolve this matter.
Welch's statement came as the creator and promoter of Hawk Toa #Meme Coin On Thursday, investors filed a lawsuit against Tuah The Moon Foundation, OverHere Ltd, Clinton So and #Alex Larson Schultz, alleging that HAWK tokens were sold as unregistered securities.
The lawsuit, filed in the Eastern District of New York, alleges that Welch's misleading promotion using his internet fame led to a dramatic loss of 90% of the tokens and over $151,000 in investor losses. LINE_ BREAK However, Welch has nothing to do with the lawsuit. In a recent statement, she advised anyone who lost money on HAWK to contact the Berwick law firm, which is handling the case along with Wolf Popper.
the internet has reacted with jokes, memes, and serious complaints; even Polymarket reported that Welch is not going to tweet again until December 20. Even Polymarket launched a poll to see if Welch would tweet again before December 20th, and she got there just in time.
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