Uranium Digital raises $16.5 million to bring uranium trading on-chain

Uranium Digital has raised $16.5 million to bring uranium trading on-chain, tokenizing the energy commodity to broaden access, improve transparency, and streamline settlement. The funding will support a platform that lets users trade uranium-backed digital assets rather than physical material, targeting a market long dominated by opaque over-the-counter deals. The move matters because it extends real-world asset tokenization into a niche energy market, testing whether blockchain rails can attract commodity traders. What to watch next is how quickly Uranium Digital builds liquidity and whether it secures partnerships with producers, utilities, or traders to anchor volumes.