Hex Trust adds institutional custody for tokenized uranium

Hex Trust has integrated Tezos-based Etherlink to offer institutional custody for xU3O8, a tokenized uranium asset listed on multiple exchanges.

Digital asset custody firm Hex Trust has integrated Etherlink, the Ethereum Virtual Machine (EVM)-compatible layer 2 built on Tezos, to add institutional custody for xU3O8, a tokenized uranium asset issued on the network.

The integration is backed by Trilitech, the research and development (R&D) adoption hub for Tezos and developer of Etherlink, which is working with Hex Trust to connect institutional clients to xU3O8 and other Etherlink-based assets, according to a Tuesday announcement shared with Cointelegraph.

“Tokenized commodities like uranium are gaining institutional interest as more real-world assets move onchain,” said Giorgia Pellizzari, head of custody at Hex Trust.

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