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      Anchorage Digital Bank Expands Custody Services to Include Tokenized Uranium and Etherlink

      Anchorage Digital Bank N.A., the only federally chartered cryptocurrency bank in the United States, has announced the expansion of its custody services to include Etherlink and a range of assets built on this platform. This new offering, activated on September 16, 2026, allows institutional clients to hold tokenized uranium, represented by the xU3O8 token, alongside stablecoins on a layer-2 network based on Tezos. The xU3O8 token signifies fractional ownership of physical uranium ore concentrate stored in regulated vaults, marking a significant development in the trading of this commodity.

      The integration with Etherlink enables Anchorage to support a variety of assets, including WXTZ, stXTZ, USDT, USDC, USDSM, and WETH. At the time of the announcement, xU3O8 had a market capitalization of approximately $9 million, with a token price around $5.66. The Etherlink network is designed for compatibility with the Ethereum Virtual Machine, allowing users familiar with Ethereum to operate seamlessly without needing to adapt to new tools. Transaction confirmations on this network average around 500 milliseconds, with fees for ERC-20 transactions remaining below $0.001.

      Anchorage's federally chartered status, granted by the Office of the Comptroller of the Currency in early 2021, ensures that it operates under the same regulatory framework as traditional banks. This provides a level of security and compliance that is appealing to institutional clients, allowing them to manage tokenized uranium and other digital assets within a single custody infrastructure. The move comes as competition in the institutional crypto custody space intensifies, with other firms like BitGo, Coinbase Custody, and Fireblocks also expanding their asset offerings.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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