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About Uranium Digital
Uranium Digital is an institutional spot trading and tokenization platform for uranium, specifically the uranium oxide concentrate used as reactor fuel. Each token represents one pound of deliverable physical material held by a licensed custodian, reserves are periodically attested through an oracle, trades settle in seconds on Solana, and the platform does not custody client assets. It addresses a structural problem in the uranium spot market, where deals are bilateral, sizes start around 100,000 pounds and settlement takes weeks.
Splitting a physical commodity into transferable small claims should widen access to a long-closed market and move price discovery from private quotes to a public order book. Regulation and delivery are the hard parts: uranium is a sensitive material, counterparties need qualification, and physical withdrawal involves transport and security permits that tokenization does not remove. Quotation rules for spot and forward contracts were already public.
Uranium Digital was founded by Alex Dymala-Dolesky and Jack Rindner in 2024 and initially operated in stealth.
On November 1, 2024, Uranium Digital raised $1.7M in funding; PitchBook records it as a seed round, while CryptoBriefing dates the round to December 2024 and labels it a pre-seed.
In March 2025, Uranium Digital completed a $6.1M seed round, bringing cumulative funding to approximately $7.8M including the earlier $1.7M.
On November 5, 2026, Uranium Digital announced a $16.5M Series A round led by Blockchain Capital, with existing investors Portal Ventures and Apeiron Investment Group participating; Fortune and other outlets covered the announcement.
Uranium Digital closed key funding and advanced its institutional uranium spot market in 2026. In March, the project announced a $6.1 million seed round led by Framework Ventures, with participation from Portal Ventures, Karatage, Mirana Ventures and Knollwood. The platform is building a 24/7 institutional-grade spot market for physical uranium (U3O8 yellowcake) settled on Solana, using Cube Exchange trading technology, Anchorage Digital regulated custody and Chainlink Proof of Reserve, with each token backed 1:1 by one pound of physical uranium.
Future strategy and roadmap: Looking ahead, Uranium Digital plans a dual-track model of physical and financial settlement, then roll out derivatives including futures, options, perpetuals and swaps, and build the first uranium price oracle to provide real-time public quotes addressing the opacity and slow settlement of traditional uranium markets. With compliant KYC/AML and full on-chain traceability, it will serve institutional traders and funds, extending the on-chain financial infrastructure for this strategic commodity.
Alex Dolesky (Alex Dymala-Dolesky) — Founder & CEO; a former hedge fund manager who founded the company in 2024.
Ryan Gorman — Chief Strategy Officer.
Christian Angermayer — Strategic Advisor and investor.