Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated.
📬 Get the biggest crypto stories in the Philippines and Southeast Asia every week — subscribe to the BitPinas Newsletter.
Just two weeks after listing Tezos (XTZ), locally licensed crypto exchange Coins.ph has doubled down on the network by listing xU3O8 — a tokenized version of physical uranium. This allows retail users to trade a commodity that was previously accessible only to large institutions.
What is xU3O8?
xU3O8 represents fractional ownership of physical uranium ore concentrate (specifically “yellowcake”) stored at a regulated facility in Canada.
Coins.ph highlighted the massive barrier to entry in the traditional market:
- Traditional Uranium Trading: Typically requires a minimum purchase of 100,000 lbs, costing approximately $8 million.
- Tokenized Trading: By listing xU3O8, Coins.ph allows users to buy and sell uranium in small, fractional amounts.
“Our users have consistently shown interest in diversifying beyond traditional cryptocurrencies into real-world assets. By listing xU3O8 alongside XTZ, we’re providing Filipinos access to an institutional-grade uranium asset and the Tezos ecosystem.”
Emmanuel Ignacio, Business Development and Marketing Manager, Coins.ph
Coins.ph and Tezos Ecosystem
The listing is part of a broader strategy to support the expansion of the Tezos network in the Philippines.
According to the exchange, Tezos’ low transaction costs and institutional-grade security make it an ideal blockchain for high-value asset tokenization. By integrating these assets, Coins.ph aims to position the Philippines as an emerging hub for Tezos adoption.
Coins.ph then cited that Tezos has increasing activities in the country, which include the “Kalayaan: Isuot Mo!” NFT art minting competition in June 2025 and a meet-up in Manila in early 2025 in partnership with CryptoArtPH and TLYR Collective.
“This listing validates both the Tezos ecosystem’s capabilities and the demand for accessible commodity tokenization. Coins.ph provides the regulated gateway that institutional-grade RWAs require, while serving a market that’s proven highly receptive to blockchain innovation beyond speculation.”
Ben Elvidge, Head of Commercial Applications, Trilitech (Tezos R&D Hub in London).
Coins.ph’s 2026 Initiatives
Aimed at streamlining cross-border payments from North America to the Philippines, Coins.ph had an expansion of partnership with global payments provider Veem.
Under the agreement, Coins.ph will serve as a local payout provider for Veem, facilitating corporate disbursements, contractor payments, and supplier settlements.
Worth Reading: Veem and Coins.ph Partner to Power Faster Cross-Border Payments for Filipino Freelancers
Consequently, Coins.ph also announced that it will soon launch a stablecoin-powered remittance solution for overseas Filipino workers in the U.S. and Canada through a strategic collaboration with Remitly, a digital financial service provider.
Worth Reading: Coins.ph and Remitly Launch Stablecoin Remittance for OFWs in US and Canada
This article is published on BitPinas: Coins.ph Lists Tokenized Uranium ‘xU3O8’, Expanding Support for Tezos Ecosystem
What else is happening in Crypto Philippines and beyond?
No Comment! Be the first one.