Madison Metals signed a first-of-its-kind uranium forward-sales agreement with Lux, covering tokenization of up to 20 million pounds of uranium and creating the world's first uranium-backed NFT.
Under the agreement, uranium production is sold forward as digital tokens backed by physical supply — giving producers financing today and buyers a claim on tomorrow's production, recorded on-chain.
The announcement was covered by GlobeNewswire and mining trade press, and featured in a Nasdaq market segment.