$XTZ Attention!!! The news published on December 3, 2024, informs that Uranium.io was launched as a dApp (decentralized application) on the Tezos blockchain, enabling uranium trading in a more accessible and transparent way. This initiative aims to democratize access to the uranium market, previously limited to large investors, and now available to a wider audience through the tokenization of physical uranium.

The platform was developed in collaboration with major players, including Curzon Uranium, responsible for transactions exceeding US$ 1 billion in uranium, and Archax, the first regulated digital asset exchange in the United Kingdom.

This innovation uses blockchain technology to facilitate the ownership and trading of uranium, promoting greater transparency and reducing barriers to entry into the market. Cameco, one of the largest uranium companies in the world, is also involved in the project, adding credibility and reinforcing the potential impact on the market.

Source: Coindesk, published on December 3, 2024