Uranium Digital raises $16.5 million to bring uranium trading on-chain

The New York startup's Blockchain Capital-led Series A will fund a Solana-based platform that tokenizes physical yellowcake for institutional traders Uranium powers reactors that keep the lights on. Trading it still involves phone calls, emailed contracts and a lot of waiting. New York-based Uranium Digital wants to change that. The startup has raised $16.5 million in a Series A round led by Blockchain Capital , with several earlier backers returning. The goal is to scale an electronic trading platform that tracks ownership of physical uranium on a blockchain. The timing is not accidental.