Anchorage Digital is pushing institutional crypto custody into increasingly unconventional territory. The federally chartered crypto bank has added support for Etherlink, a Tezos layer-2 network, along with seven assets issued on the chain — including a token tied to physical uranium.
The move expands Anchorage’s institutional crypto custody offering beyond more familiar digital assets and into tokenized commodities. Among the newly supported assets is xU3O8, which represents ownership of physical uranium without requiring investors to directly handle or store the material.
Anchorage, the first federally chartered crypto bank in the United States, said institutional clients can now custody Etherlink assets through segregated accounts at the bank.
Anchorage’s Institutional Crypto Custody Meets Tokenized Uranium
Etherlink is an Ethereum Virtual Machine-compatible layer-2 network that settles on Tezos. Alongside support for the network itself, Anchorage added custody for WXTZ, a wrapped version of XTZ; stXTZ, a liquid staking token; USDT, USDC and USDSM stablecoins; WETH; and xU3O8.
The uranium token is the most unusual addition to the list. According to CoinMarketCap data cited in the announcement, xU3O8 had a market capitalization just above $9 million at current price levels.
The concept is less futuristic than it sounds. Tokenization can turn ownership of a physical commodity into a digital asset that can move across a blockchain, while the underlying uranium remains stored elsewhere.
That structure is particularly relevant for an asset that has traditionally required specialist intermediaries, relatively high minimum investment amounts and settlement processes that can take weeks, Anchorage said.
With tokenization, the company said, transfers and settlement can happen in minutes instead.
Anchorage is not the first institutional custodian to move into the space. Hex Trust integrated Etherlink in August 2025, adding custody support for xU3O8 and other assets issued on the network.
For Anchorage, the expansion places institutional crypto custody closer to the broader tokenization story: not just moving digital versions of traditional financial assets onto blockchains, but creating a custody infrastructure for assets that have historically been far less convenient to trade or transfer.