xU3O8 Adds Lending, Trading and Institutional Custody Options
Photo: TokenPost
Uranium token xU3O8 has expanded from a custody-backed digital asset into trading and lending platforms, giving holders more ways to use a token that represents beneficial ownership of stored uranium. Holders could use xU3O8 as collateral on Oku by March 20, 2026. Metals.io made borrowing against the token available on Monarch on Sept. 9, 2026, with Morpho powering the service and USDC as the initial loan asset. The token’s public offering began Dec. 3, 2024. Built on Etherlink, xU3O8 is an ERC-20-compatible token that records beneficial co-ownership of uranium held in custody. At launch, each token represented one ounce.
Source: TokenPost
