No Longer Just An Institutional Darling: Uranium.io Allows Direct Investment In Uranium For Retail Traders
Get diversification that’s not correlated with gold, oil and the S&P 500 with uranium.io.
When it comes to alternative investments, cryptocurrency, non-fungible tokens, foreign currency and fine art usually come to mind. But now investors can add direct exposure to an asset that is powering the energy needs of tomorrow to their portfolio thanks to uranium.io. Uranium.io is the first platform that enables everyday investors to buy, own and trade physical uranium, in this case uranium ore concentrate (U3O8).
U308, also known as yellowcake, is contained in mill concentrates extracted from uranium ore. Once uranium ore is mined, it is processed further at a regulated warehousing and conversion facility and converted into uranium oxide. U3O8 is an intermediate product used for nuclear fuel production to power Big Tech’s AI infrastructure and by governments around the world to meet their net-zero goals.
Image credit: Uranium.io
Uranium Demand On The Rise
Demand for uranium is increasing as AI takes off and the world moves to a greener future. Companies including Microsoft Corp. (NASDAQ:MSFT), Alphabet Inc.’s (NASDAQ:GOOG) Google and Amazon.com Inc. (NASDAQ:AMZN) are investing hundreds of millions of dollars to purchase energy from nuclear power plants to power their growing AI initiatives. Meanwhile, President Donald Trump is gearing up to invest $70 billion into AI and energy in an effort to make the U.S. the leader in this space.
But AI isn’t the only driver of uranium demand. Countries around the globe are transitioning to nuclear energy as part of their efforts to achieve …
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