Trilitech broadens tokenized commodities push on Tezos with Metals.io
Trilitech, a London-based growth firm centered on the Tezos ecosystem, launched Metals.io on Monday, a brand new platform for buying and selling tokenized commodities together with uranium and gold, in response to an announcement shared with Cointelegraph.
The platform expands a commodities push that Trilitech and the broader Tezos ecosystem started with Uranium.io, a retail-facing uranium market launched in December 2024 on Etherlink, Tezos’ Ethereum Digital Machine-compatible layer 2.
At launch, Metals.io is ready to supply xU3O8 tokenized uranium, tokenized gold and Noemon Tech’s RARE token. Uranium.io describes xU3O8 as a tokenized bodily uranium product, whereas RareTech supplies describe RARE as a basket of strategic metals.
In keeping with the discharge, the launch responds to rising investor curiosity in strategic supplies tied to industrial use and synthetic intelligence-related infrastructure demand. That logic echoes the pitch behind Uranium.io’s 2024 debut, which Tezos framed round uranium’s position in powering nuclear vitality and supporting rising electrical energy demand tied to AI.
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Metals.io goals to scale back the funding limitations to uranium buying and selling, which was beforehand reserved for institutional traders. The brand new platform is constructed on the identical underlying expertise as uranium.io, launched by Tezos in December 2024.
“One of many founding rules behind the launch of that platform was to degree the enjoying discipline by making a beforehand inaccessible crucial asset broadly obtainable to all traders,” Ben Elvidge, head of business purposes at Trilitech, advised Cointelegraph.
Elvidge mentioned round 9,000 retail traders have acquired the tokenized uranium product for the reason that platform’s launch.
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