Mentioned:
CUPR -1.92%
Christian Angermayer is betting on something new: tokenizing psychical uranium.
What’s happening:
- Entrepreneur and investor Christian Angermayer has made a new strategic investment into Uranium Digital through his family office Apeiron Investments
The big idea:
- Uranium Digital is building a new platform that is aiming to enable direct access to owning uranium by tokenizing physical uranium through leveraging the Solana blockchain
- Uranium Digital’s issued tokens represent physical uranium that is held at regulated facilities
Why it matters:
- There are currently very few ways to trade physical uranium through liquid markets, which causes most uranium deals to be done privately through long term contracts and is largely only accessible to large institutions
Going deeper:
- Christian Angermayer has been making a flurry of new bets on commodities lately, including just recently investing $1M CAD into Super Copper (CSE: CUPR) to advance their high grade copper project located in Chile
The intrigue:
- Bringing commodities onto the blockchain has also been making waves in the public markets, with BioSig Technologies (NASDAQ: BSGM) recently entering into a merger with Streamex Exchange to tokenize commodities such as gold
