Press Release

Uranium-Backed NFT Sales Exceed Projections

October 28, 2022•3 min read
News provided byLux Industries Inc

Weeks after launch, Madison Metals reported that initial sales of the first uranium-backed NFTs exceeded projections, validating tokenized commodity forward sales as a financing structure.

The program tokenizes uranium production under a forward-sales agreement announced in September 2022, with each token backed by physical uranium.

← All news