Anchorage Digital Bank Begins Custody of Physical Uranium Token: xU3O8 Market Cap Around $9 Million

Anchorage Digital Bank N.A., the first federally chartered crypto bank in the United States, began offering custody services for xU3O8 to institutional clients on September 16, 2026. The token is backed by physical uranium concentrate (yellowcake), with the underlying uranium material stored at Cameco facilities and beneficial ownership held through a UK trust structure. xU3O8 is issued by Uranium.io, with UK regulator Archax serving as trustee, and the underlying asset is mapped via the Etherlink network. Cameco is responsible for safeguarding the physical uranium in certified facilities and periodically publishes reserve proof audit results. Anchorage Digital Bank N.A. is regulated by the Office of the Comptroller of the Currency (OCC), and its clients can include xU3O8 in the same segregated, bankruptcy-remote accounts as Bitcoin and cash equivalents. Currently, xU3O8 trades at approximately $5.66 per token, with a total market cap of about $9 million.