New York-based Uranium Digital announced on November 5 that it had completed a $16.5 million Series A round led by Blockchain Capital, with participation from Portal Ventures and Apeiron Investment Group. The funding round closed last month. The company was founded in 2024 and raised a $6.1 million seed round in 2025.
What it does is straightforward: it records ownership of physical uranium stored in warehouses on-chain, allowing institutions to buy and sell it on an electronic platform. Spot uranium trading still relies on brokers soliciting quotes, contracts signed by email, and offline settlement.
The selling point is less about “putting it on-chain” than moving a commodity trade online; here, the blockchain is more like a ledger. As RWA moves from government bonds and private credit to physical commodities, the key question is how many institutions will actually move their positions over. The funding amount doesn’t answer that; platform trading volume and customer numbers will.
#RWA #TokenizationOfPhysicalAssets
What it does is straightforward: it records ownership of physical uranium stored in warehouses on-chain, allowing institutions to buy and sell it on an electronic platform. Spot uranium trading still relies on brokers soliciting quotes, contracts signed by email, and offline settlement.
The selling point is less about “putting it on-chain” than moving a commodity trade online; here, the blockchain is more like a ledger. As RWA moves from government bonds and private credit to physical commodities, the key question is how many institutions will actually move their positions over. The funding amount doesn’t answer that; platform trading volume and customer numbers will.
#RWA #TokenizationOfPhysicalAssets