Transak cooperates with uranium.io to provide access to uranium market
This cooperation aims to democratize access to uranium, an important asset in promoting AI revolution and realizing global net-Zero energy goals.
Transak and Uranium.io unlock the uranium market
Previously, investors have dominated the uranium market. The input cost can be up to 4.2 million USD, and the minimum lot is 50,000 pounds. This creates great barriers for individual investors.
However, uranium.io encoded physical uranium and used blockchain technology. The real asset bond is a blockchain -based digital token token allocating process for physical or traditional assets such as gold, real estate, and in this case is uranium.
One report Standard Chartered predicts that the market for encrypted real assets will reach $ 30 trillion in 2034. RWA industry At the time of writing is 7.99 billion USD.
According to Notification Cooperation, uranium.io allows individual investors to trade uranium with a minimum investment of only 10 USD. This move allows individual investors to access a high -value market that previously only for the rich and organizational investors.
The normal monetary conversion station to Transak’s electronic cryptocurrency will allow users to buy uranium codes, representing the ownership of the benefits of the real U3O8 (Uranium). Trading can be done via Google Pay, Apple Pay, credit cards and bank transfer, eliminating traditional barriers when accessing uranium transactions.
Users can now buy uranium codes via USDC on Etherlink with the amount of only 10 USD, making the market limited to a few to become easily accessible to the globe.
“Our integration with uranium.io demonstrates how the technology can empower individuals around the globe to participate in the high -value asset transactions that were previously only for the richest people, “Carlo de Luca Gabrielli, Global Director of Sales at Transak, said.
By encrypting uranium and putting it to Blockchain, uranium.io provides a transparent, effective and liquid market. This accelerates transactions and simplifies asset management.
Moreover, Transak said the uranium market has witnessed an increase of 27% in trading transactions between 2022 and 2023. With the application of encryption, the market is expected to develop stronger.
