Trilitech, a London-based developer focused on the Tezos ecosystem, on Monday launched Metals.io, a new platform for trading tokenized products including uranium and gold, according to an announcement shared with Cointelegraph.
The platform expands on a product push that Trilitech and the broader Tezos ecosystem started with Uranium.io, a retail uranium marketplace that launched on Etherlink, Tezos’ Ethereum virtual machine compatible layer 2, in December 2024.
At launch, Metals.io will offer xU3O8 tokenized uranium, tokenized gold, and Noemon Tech’s RARE token. Uranium.io describes xU3O8 as a tokenized physical uranium product, while RareTech documentation describes RARE as a basket of strategic metals.
According to the release, the launch is in response to growing investor interest in strategic materials related to industrial applications and artificial intelligence-related infrastructure demands. This logic reflects the argument behind Uranium.io’s 2024 debut, which Tezos has framed around uranium’s role in powering nuclear energy and supporting the growing power demand associated with AI.
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Metals.io aims to reduce investment barriers to uranium trading, which was previously limited to institutional investors. The new platform is built on the same underlying technology as uranium.io, which Tezos launched in December 2024.
“One of the founding principles behind the launch of that platform was to level the playing field by making important assets that were previously inaccessible broadly available to all investors,” Ben Elvidge, head of commercial applications at Trilitech, told Cointelegraph.
Elvidge said around 9,000 retail investors have acquired tokenized uranium products since the platform launched.
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