You Can Now Buy Uranium for $4 Thanks to Blockchain, Interview with Ben Elvidge, Uranium.io (PBW 2025)
The post You Can Now Buy Uranium for $4 Thanks to Blockchain, Interview with Ben Elvidge, Uranium.io (PBW 2025) appeared on BitcoinEthereumNews.com.
At Paris Blockchain Week, Ben Elvidge, Product Lead at Uranium.io, introduced one of the most unexpected tokenization use cases yet: physical uranium. While tokenizing real estate, art, or equities has become increasingly familiar, uranium—a tightly controlled, highly capital-intensive commodity—has remained far out of reach for the average investor. That’s changing. Why Uranium? The uranium market, traditionally opaque and hard to access, trades over the counter in massive lot sizes—typically 100,000 pounds, valued at around $6 million at today’s prices. It’s safe to say that it’s not accessible to retail investors. “It’s an asset class of critical importance,” said Elvidge, “but historically very difficult to access.” Through a partnership with the Tezos Foundation, Uranium.io acquired a minimum tradable lot of uranium, stored it in a certified facility, and tokenized it, becoming one of the more interesting RWA crypto projects. Now, the average investor can gain exposure to physical uranium for as little as $4—no need for millions in capital or complex brokerage agreements. How It Works Uranium.io leverages a trust-based legal framework under English common law to represent fractional ownership in physical uranium. The uranium itself is stored in Cameco, one of three global storage facilities approved for this purpose (the other two are in the U.S. and France). Their partner, Curzon Uranium, helped facilitate the process. Users can buy tokens directly through the platform using a MetaMask wallet and USDC, with built-in on-chain analytics flagging suspicious activity. The onboarding is KYC-light, only requiring full identity verification if a red flag is raised. Each token represents a portion of the physical uranium stockpile, and—unlike most tokenized commodities—token holders can actually request physical delivery, assuming they have an approved converter account and pass relevant nonproliferation checks. One of the core advantages, Elvidge emphasized, is transparency. Currently, uranium pricing is derived from voluntary…
Filed under: News - @ April 20, 2025 7:16 am