Redeem
Uranium Tokens
Eligible institutions can redeem the Uranium Digital token for physical uranium through our secure settlement process. Each token represents one pound of uranium, securely stored in accredited facilities. Settlement is executed via trusted infrastructure partners under industry standard compliance protocols.
Eligibility Check
To qualify for redemption, institutions must hold a minimum of 20,000 $U tokens. When the redemption request is submitted, the tokens will be placed in escrow pending completion of the process.
Account Setup
Before redeeming Uranium Digital tokens for physical uranium, institutions must complete onboarding, including KYB, trading account setup, authenticator activation, and linking a validated converter facility account matching KYB details.
Redemption Request
Upon eligibility verification, institutions can physically settle tokens directly from the Uranium Digital dashboard by selecting a facility and indicating the number of tokens (quantity of lbs). The platform will automatically preview the equivalent pounds receivable.
Approval and Settlement
Upon verification, the tokens are burned and the U3O8 is transferred from Uranium Digital's converter account to the redeeming institutions converter account. No redemption fee is currently charged.
Still have questions? Reach out here.
Redemption is the process through which eligible institutions exchange their Uranium tokens for physical uranium. This begins with a redemption request submitted through the Uranium Digital dashboard. Once approved, the corresponding tokens are frozen, and a book transfer is initiated with the client’s selected converter facility. On the official settlement date, the equivalent amount of uranium is transferred from Uranium Digital’s converter account to the client’s converter account, and the redeemed tokens are permanently burned. Independent audits and Chainlink’s proof-of-reserve oracle ensure real-time verification, maintaining the 1:1 backing between uranium tokens and physical uranium.
Qualified institutions can redeem Uranium tokens directly for physical uranium through a streamlined process that bypasses intermediaries. This system provides direct access to the underlying commodity, supports real-time price discovery, and contributes to overall market liquidity. Redemption eliminates unnecessary steps and allows for faster settlement, increased trade velocity, and greater transaction transparency.
To redeem Uranium Digital tokens, institutions must hold a minimum of 20,000 uranium tokens and meet AML/KYC and applicable regulatory requirements.