S2E9 Ben Elvidge Uranium.io / xU3O8
Manage episode 503193457 series 3547612
This episode features Ben Elvidge, Head of Commercial Appliances at Trilitech, which runs https://uranium.io/en and is behind the xU3O8 token, which represents unenriched uranium, or "yellow cake".
This is a genuine use case of tokenisation, and a means by which retail can hold an otherwise remote asset.
Following a launch event alongside Figment and Crypto Collective detailing tokenisation, nuclear energy and the digital revolution, Matt Green and Ben Elvidge recorded this episode to consider:
- Uranium Oxide as an investible commodity, as opposed to the fuel for nuclear facilities
- Why uranium is being tokenised and whether there is an appetite for investment in uranium in retail, considering investment in small modular reactors, and Meta's investment in Illinois
- What "custody ready asset, with global pricing benchmarks" means in the context and what rights the xU3O8 token gives holders
- How to overcome KYC and AML compliance issues and prevent bad actors obtaining rights to uranium via the site
- How to think about this product and service, not as crypto but as a means to interact with a commodity, and how to rebrand uranium ownership
- The token itself, where to buy it and its pricing.
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In Early is a podcast hosted by Matt Green who speaks to those at the forefront of the digital assets and technology sectors, telling real life stories, considering the growth and growing pains of the industry, and exploring how blockchain and other technology has made an impact on people's lives.
With guests including household names like Coinbase, BitGo, Coincover, Crystal Blockchain and Lockton, to more specialised enterprises like fractional mining farms for NFTs, to authors, artists and developers, from stable coin issuers backed by real estate, to Web3 gaming and sports projects, and forensic investigators to law makers, the podcast is a dialogue with those servicing, developing and implementing technology.
In Early was featured in The Lawyer's Briefing Room.
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