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Anchorage expands institutional custody to Etherlink, tokenized uranium

Anchorage expands institutional custody to Etherlink, tokenized uranium

Anchorage Digital Monetary institution, the principle federally chartered crypto financial institution in the US, has added custody strengthen for Etherlink and 7 resources on the Tezos layer-2 community, including xU3O8, a token representing bodily uranium.

The opposite supported resources encompass wrapped XTZ (WXTZ), liquid staking token stXTZ, stablecoins USDT, USDC and USDSM, and wrapped Ether (WETH), in step with an announcement shared with Cointelegraph.

The integration allows Anchorage’s institutional customers to custody resources issued on Etherlink, an Ethereum Virtual Machine-properly matched layer-2 community that settles on Tezos, via segregated accounts on the federally chartered financial institution.

xU3O8 represents possession of bodily uranium, giving traders publicity to the commodity with out straight handling or storing it. At present trace phases, it has a market cap correct above $9 million, CoinMarketCap data reveals.

xU308 markets. Provide: CoinMarketCap

Anchorage just will not be the principle institutional custodian to bolster xU3O8. In August 2025, digital asset custodian Hex Have confidence built-in Etherlink to present custody for xU3O8 and other resources issued on the community.

Physical uranium publicity has traditionally eager specialist intermediaries, prolonged settlement intervals and comparatively excessive minimum investment sizes, in step with Anchorage. The firm said tokenization allows the commodity to be transferred and settled in minutes in position of weeks.

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