ChainCatcher report: Anchorage Digital Bank N.A., the first federally chartered crypto bank in the United States, began offering xU3O8 custody services to institutional clients on September 16, 2026. The token is backed by physical uranium concentrate (yellowcake), with the underlying uranium materials stored in Cameco facilities and held under a UK trust structure for beneficial ownership. xU3O8 is issued by Uranium.io, with UK regulator Archax serving as trustee, and the underlying assets mapped via the Etherlink network. Cameco is responsible for safeguarding the physical uranium in certified facilities and regularly publishes reserve audit results. Anchorage Digital Bank N.A. is regulated by the U.S. Office of the Comptroller of the Currency (OCC), and its clients may hold xU3O8 in segregated, bankruptcy-remote accounts alongside Bitcoin and cash equivalents. The current price of xU3O8 is approximately $5.66, with a total market capitalization of around $9 million.
Anchorage Digital Bank Launches xU3O8 Uranium Token Custody for Institutions
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Summary
Anchorage Digital Bank N.A. launched xU3O8 uranium token custody for institutional clients on September 16, 2026. The token is backed by physical uranium stored at Cameco facilities and managed under a UK trust. xU3O8 is issued by Uranium.io, with Archax as trustee and Etherlink for asset mapping. The digital asset market now offers another tangible-backed token option. Anchorage allows xU3O8 to be held in the same segregated accounts as Bitcoin and cash. The token trades at $5.66, with a market cap of $9 million. Current market sentiment, as reflected in the Fear & Greed Index, remains cautiously optimistic.
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