Anchorage expands institutional custody to Etherlink, tokenized uranium

Anchorage Digital Bank has expanded its custody offerings to include Etherlink and seven tokens issued on the Tezos layer-2 network. The list of supported assets comprises xU3O8, wrapped XTZ (WXTZ), the liquid staking token stXTZ, three stablecoins (USDT, USDC, USDSM) and wrapped Ether (WETH). The bank said the integration enables its institutional clients to custody Etherlink-issued tokens through segregated accounts at the federally chartered institution.

Etherlink is an Ethereum Virtual Machine–compatible layer-2 that settles transactions on Tezos, and Anchorage’s support covers assets issued on that network. Among the tokens added, xU3O8 stands out because it is backed by physical uranium, providing a blockchain-based claim on the commodity without requiring direct handling or storage. CoinMarketCap data cited in the announcement put xU3O8’s market capitalization at just above $9 million at current price levels.

Anchorage is not the first institutional custodian to back Etherlink assets: the digital-asset custodian Hex Trust integrated the network in August 2025 to offer custody for xU3O8 and other Etherlink tokens. Anchorage’s addition gives customers an option to hold these assets inside accounts at a federally chartered bank, a detail the bank highlighted in its announcement.

The bank framed tokenization as a way to streamline ownership and transfers of physical commodities. According to Anchorage, exposure to uranium has historically required specialist intermediaries, long settlement windows and relatively large minimum investments; tokenized representations can be transferred and settled in minutes rather than the weeks typical of traditional processes. The new custody support therefore aims to make Etherlink-based assets more accessible to institutional investors.