Anchorage Digital Bank adds custody support for Etherlink and tokenized uranium

Anchorage Digital Bank, the first federally chartered crypto bank in the United States, has expanded its custody services to support Etherlink, an Ethereum Virtual Machine-compatible layer-2 network settling on Tezos. The integration allows institutional clients to custody seven assets, including stablecoins and xU3O8, a token backed by physical uranium with a market cap of over $9 million. Anchorage Digital Bank notes that tokenization reduces settlement times for uranium from weeks to minutes, bypassing traditional intermediaries.

Anchorage Digital Etherlink custody integration

• ▪The integration of Etherlink allows Anchorage Digital Bank's institutional clients to custody assets on the network through segregated accounts.
• ▪Anchorage Digital Bank operates as the first federally chartered crypto bank in the United States.
• ▪Anchorage Digital Bank added custody support for Etherlink, an Ethereum Virtual Machine-compatible layer-2 network that settles on Tezos.

Tokenized uranium xU3O8

• ▪The uranium-backed token xU3O8 has a market capitalization of just over $9 million at September 2026 price levels.
• ▪Digital asset custodian Hex Trust integrated Etherlink in August 2025 to offer custody for the uranium-backed token xU3O8 and other assets on the network.
• ▪The xU3O8 token represents ownership of physical uranium, allowing investors to gain exposure to the commodity without directly handling or storing it.

Etherlink supported assets

• ▪The assets supported by Anchorage Digital Bank on Etherlink include stablecoins USDT, USDC, and USDSM, alongside wrapped XTZ, stXTZ, and wrapped Ether.
• ▪Anchorage Digital Bank added custody support for seven specific assets issued on the Tezos layer-2 network Etherlink.

Tokenization benefits for commodity trading

• ▪Anchorage Digital Bank stated that tokenized uranium can be transferred and settled within minutes, reducing reliance on specialist intermediaries and shortening settlement times.
• ▪Traditional uranium transactions typically involve relatively high minimum investment sizes, specialist intermediaries, and settlement periods lasting weeks.

Debatable claims

• ▪Federally chartered banks should not custody niche tokenized commodities
• ▪Tokenizing physical uranium poses unacceptable regulatory and security risks