- Institutional investors have been the dominant force in the uranium trading market for many decades.
- Through the tokenization of physical uranium and the use of blockchain technology, Uranium.io is able to eliminate this status quo.
- With its frictionless on-ramp from fiat currency to cryptocurrency, Transak plays a crucial role in democratizing access.
Transak, the leading provider of Web3 payments infrastructure, has revealed its involvement in increasing worldwide accessibility to uranium (as a financial asset) via uranium.io, which is the world’s first uranium trading platform that is enabled by blockchain technology.
Uranium.io, which is built on the powerful infrastructure of Tezos and Etherlink, removes the conventional obstacles that have been preventing access to an asset class that has been important in fueling the revolution in artificial intelligence and reaching the objectives of net-zero energy.
Millions To Mainstream
Institutional investors have been the dominant force in the uranium trading market for many decades. There is a minimum lot size requirement of 50,000 pounds for over-the-counter trades, and the entry costs begin at about $4.2 million respectively. Through the tokenization of physical uranium and the use of blockchain technology, Uranium.io is able to eliminate this status quo by lowering the minimum purchase amount to as little as ten dollars. Because of this historic action, retail investors all around the globe are now able to participate in uranium trading.
With its frictionless on-ramp from fiat currency to cryptocurrency, Transak plays a crucial role in democratizing access. Transak guarantees a smooth onboarding experience by enabling users to acquire uranium tokens that reflect beneficial ownership of actual U3O8 (physical uranium) using payment methods that are already known to them. These methods include Google Pay, Apple Pay, credit cards, and bank transfers.
Users are able to acquire physical uranium (in the form of tokens) for as little as ten dollars using USDC on Etherlink thanks to the integration between Transak and uranium.io, which lowers the restrictions that previously existed.
Carlo de Luca Gabrielli, Global Director of Sales at Transak stated:
“At Transak, we believe that democratizing access to traditionally exclusive markets is a critical step towards true financial inclusion. Our integration with uranium.io exemplifies how technology can empower individuals globally to participate in high-value asset trading that was previously limited to the most affluent.”
Why Uranium in the Year 2025?
An ambitious goal of achieving net-zero carbon emissions is being set by governments all around the world. Nuclear power, which draws its fuel from uranium, is a form of baseload energy that does not produce any carbon dioxide. As a result, it is an essential component in the process of accomplishing these goals.
Additionally, the development and deployment of AI models necessitates the utilization of enormous amounts of computational power, which results in the consumption of an enormous amount of energy. Power consumption in data centers, which are the physical infrastructure that houses the computers that drive artificial intelligence, is growing at an alarming rate. Nuclear power provides a dependable and scalable solution to the problem of meeting the ever-increasing demand for energy. For the purpose of bolstering their artificial intelligence initiatives, tech giants such as Microsoft, Google, and Amazon are investing in nuclear power.
A marketplace that is more efficient, transparent, and liquid is introduced by uranium.io. This is accomplished by tokenizing physical uranium and representing it on the blockchain. With all physical uranium being safely stored at Cameco’s regulated depository, trades are settled more quickly, custody concerns are simplified, and ownership is made abundantly clear.
Transak, The Torchbearer Of Accessibility
Transak is a leader in the fight for financial inclusion by providing retail investors with access to high-value markets. It is the first and only fiat on-ramp that is integrated with uranium.io.
Between the years 2022 and 2023, there was a significant, over 27% rise in the number of uranium purchases. This expansion had already begun prior to the implementation of tokenization. The expansion of access to this emerging asset class that is made possible by tokenization can be anticipated to result in even greater growth.
The participation of retail investors is made possible by Transak, which eliminates the need for the substantial capital that was traditionally required. Through the integration of Transak on uranium.io, transactions can be completed without any interruptions using over twenty different localized payment methods. These methods include Google Pay, Apple Pay, credit cards, and bank transfers. This results in a user experience that is completely frictionless.
Arthur Breitman, co-founder of Tezos, said:
“Real world assets on chain are compelling when they meaningfully reduce friction or enable new economic arrangements. The launch of uranium.io on Tezos is a perfect example – transforming a market previously restricted by massive lot sizes and OTC overhead into something accessible and composable. This is particularly exciting as nuclear power is experiencing a revival.”
Furthermore, the commitment that Transak has made to security and transparency ensures institutional-grade storage and thorough compliance checks. This ensures that all participants are able to relax and enjoy their time, since the procedures for custody and ownership are both completely transparent and safe.
Visit www.uranium.io for further information on the purchase of U3O8.
Get Started Today
Explore the ways in which Transak, Tezos, and Etherlink are bringing about a revolution in the trade of uranium. Get more information by going to Uranium.io. Because of the solutions that Transak On-Ramp has made available, you now have the opportunity to take part in the future of uranium trading.
