According to an official statement, Uranium.io introduced a blockchain-based pricing oracle updating every 60 seconds, targeting institutional investors and aiming to resolve uranium market opacity and boost liquidity.
According to a press release, Uranium.io has launched what it calls the uranium sector’s first live pricing oracle, updating every 60 seconds. The system, built on the Etherlink blockchain that also powers its xU3O8 token, aggregates data from mining equities, physical spot markets, and commodity funds to provide a composite uranium spot price. The platform offers both live streaming and historical data via API and is targeted at institutions, trading firms, and research organizations. Survey data cited in the release shows 97% of institutional investors would consider allocating to uranium if access improved, with regulatory clarity remaining the main barrier. Tezos co-founder Arthur Breitman said the oracle could enhance price discovery and liquidity by synthesizing market intelligence beyond the physical spot market.