Uranium Digital
9 employees on LinkedIn Β· 3 known investors
Uranium Digital is building an institutional-grade trading platform for physical uranium, offering 24/7 spot trading with physical settlement and on-chain proof-of-reserves backing holdings 1:1. The platform targets institutional participants in the uranium commodities market.
Investors Β· 3
Funding
SEC filings, press & company announcements$6.1M disclosed across 1 of 2 rounds Β· 2025
- $6.1MSeedMar 2025 Β· 3 sources
Framework Ventures (lead)
Source β - Undisclosed amountseed roundMar 2025
Framework Ventures (lead)
Source β
Source: company announcements and press reports β follow each round's link for the claim.
Company profile
researched Aug 2026Uranium Digital operates a trading platform for uranium in which physical yellowcake (uranium oxide concentrate) held at accredited conversion facilities is represented by digital tokens, each corresponding to one pound of uranium. The platform supports 24/7 spot trading with live bid-ask quotes, cash trading of physical uranium without a requirement to physically settle, and near-instant settlement through hybrid exchange technology that includes a central limit order book, an order matching engine, and non-custodial account and wallet management using multi-party computation. Tokens are issued on the Solana blockchain.
Two institutional workflows sit around the traded token. Issuance lets eligible institutions book-transfer verified uranium into Uranium Digital's converter account at an accredited storage facility, after which the corresponding tokens are minted on-chain on the settlement date; issuance requires a holding of at least 20,000 pounds of uranium at an accredited conversion facility and completion of onboarding. Redemption reverses the process: tokens are frozen, a book transfer is initiated with the client's chosen converter facility, uranium is transferred to the client's converter account on the settlement date, and the redeemed tokens are burned. Redemption requires a minimum of 20,000 tokens plus AML/KYC and applicable regulatory compliance. Reserves are independently audited and verified in real time through Chainlink's proof-of-reserve oracle, with The Network Firm β described as Chainlink's preferred auditor β validating converter facility reserve reports, and monthly reserve reports published for token holders.
As of a May 2025 report, the company planned to launch in the fall with spot trading initially, and its public website described the product as coming soon.
Founding story
The company was founded by Alex Dolesky, a former hedge fund manager. Dolesky frames the opportunity by analogy to other commodities whose financial markets developed later than the underlying trade β crude oil in the 1980s, natural gas in the 1990s and coal in the mid-2000s β arguing uranium remains an opaque, OTC-driven market that lacks price transparency and a broader range of financial instruments.
Business model
The company operates a trading venue and token issuance/redemption mechanism for physical uranium: institutions convert physical uranium holdings at accredited converters into tokens, trade them on the platform's order book, and can redeem tokens back for physical delivery at accredited conversion facilities. The platform integrates with institutional infrastructure including FIX connectivity, execution venues and regulated custody.
Traction
The platform was described as coming soon on its website, with a launch planned for fall 2025 beginning with spot trading. Disclosed backing includes a $6.1 million seed round led by Framework Ventures and an additional undisclosed investment from Christian Angermayer.
Latest developments
In May 2025, Christian Angermayer, founder of the investment firm Apeiron, disclosed an undisclosed investment in Uranium Digital and joined as a strategic advisor, saying his role would center on introducing the company to hedge funds and investment managers. The platform was reported as set to launch in the fall with spot trading first.
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
Positions itself as the first institutional-grade market for tokenized uranium, contrasting its model with existing routes to uranium exposure such as closed-end uranium trusts, which offer no physical settlement and can trade at discounts to NAV, and with uranium mining equities.
Physical settlement at accredited converter facilities, 1:1 backing verified through an on-chain proof-of-reserve oracle and independent audit, continuous 24/7 live bid-ask trading in place of once-daily price estimates, and smaller tradeable lot sizes than conventional uranium markets typically accept. Digitization is also presented as enabling lending, borrowing and yield strategies not readily available in physical uranium markets.
Technology
Tokenized uranium issued on the Solana blockchain, with each token representing one pound of uranium held at an accredited converter. The trading stack is a hybrid exchange design combining a central limit order book, an order matching engine, and non-custodial MPC-based account and wallet management, plus FIX connectivity and regulated custody integrations. Reserve backing is verified on-chain via Chainlink's proof-of-reserve oracle with third-party audit validation by The Network Firm and monthly reserve reporting.
Go-to-market
Institutional relationship-driven distribution: strategic advisor Christian Angermayer's stated role is to introduce the company to hedge funds and investment managers in order to build adoption of uranium as an asset class and support development of hedging instruments. Access is gated by onboarding, AML/KYC and minimum holding thresholds.
Institutional participants in uranium and commodities markets β hedge funds, investment managers, and licensed physical holders such as those with uranium at accredited converter facilities β alongside retail traders who can access tokenized exposure but cannot take physical settlement. Issuance and redemption are limited to institutions meeting 20,000-pound/20,000-token minimums and AML/KYC requirements.
Geography
Uranium is held at accredited conversion facilities globally, with redemption offered for physical settlement at accredited global conversion facilities. The company states institutional-grade security and global compliance.
History
Reported fundraising includes a seed round of $6.1 million led by Framework Ventures, announced in press coverage in March 2025. In May 2025, investor Christian Angermayer disclosed an undisclosed investment in the company and joined as a strategic advisor; at that time the platform was slated to launch in the fall with spot trading.
Risks & controversies
Uranium is a heavily regulated commodity with security restrictions tied to its role in nuclear weapons; physical settlement is limited to licensed buyers, and access to uranium is controlled through converter facilities. Broader tokenization products of this kind were described as largely at pilot stage or confined to crypto-native firms as of May 2025. Token price alignment with physical uranium depends on an arbitrage mechanism operated by physical holders able to mint additional tokens.
Compiled by commissioned research from 8 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Competitors Β· 4
by search overlap
Companies competing with Uranium Digital for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline Β· 3
launches, deals, and filingsGerman investor Christian Angermayer disclosed an undisclosed investment in Uranium Digital and joined the company as a strategic advisor, with a stated focus on introducing the platform to hedge funds and investment managers.
The startup raised $6.1 million in a seed round led by Framework Ventures to build an institutional-grade market for trading tokenized yellowcake uranium on Solana.
$6.1M source β
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
βΈResearch sources Β· 8
primary sources listed
- Uranium Digitaluraniumdigital.com Β· web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Uranium Digital do?
- Uranium Digital is building a 24/7 institutional trading platform for tokenized physical uranium with physical settlement.
- Who are Uranium Digital's investors?
- Uranium Digital's investors include Framework Ventures, Mirana Ventures, Portal Ventures.
- How much funding has Uranium Digital raised?
- Uranium Digital has disclosed $6.1M raised across 1 of its 2 known rounds.