🚨 The first U.S. federal encrypted bank launches physical uranium token custody 🧠
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- Anchorage Digital Bank has received U.S. federal approval, officially offering xU3O8 physical uranium “yellowcake” custody services
- The token corresponds to uranium “yellowcake” stored in Cameco facilities and uses an England trust structure
- As of now, the xU3O8 market capitalization is about $9 million, and the scale is still small
- This move provides a channel for regulated funds to enter uranium assets 🔥
- The market may face short-term sell pressure due to involvement by regulators, leading to a price drop
- If whales begin distributing or accumulating at low levels, it could further intensify volatility and trigger panic selling
- xU3O8 liquidity is expected to be limited in the short term, and price may be driven by negative sentiment
- Until institutional demand is gradually released, the short-term trend is expected to remain under downward pressure
- Do you think uranium tokens under regulated custody can attract more institutional capital in the future?
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#Crypto #Uranium #Whales #Trading #Blockchain