Coins.ph has opened trading for xU3O8, a tokenized uranium product built on the Tezos blockchain, giving Philippine users access to fractional exposure to physical uranium stored in Canada.
The listing comes two weeks after the platform added tez (XTZ), the native token of the Tezos network, expanding its digital asset offerings beyond major cryptocurrencies.
Founded in 2014, Coins.ph operates as a BSP-regulated platform offering crypto trading, remittances, bill payments, and bank transfers.
xU3O8 represents fractional ownership of uranium ore concentrate, commonly known as yellowcake, held at a regulated facility in Canada.
Traditionally, direct uranium investment has been limited to institutions due to minimum purchase requirements of around 100,000 pounds, or roughly $8 million, and the need for specialized brokers.
With the tokenized version, users can gain exposure with smaller amounts, trade continuously, and settle transactions through blockchain infrastructure instead of traditional commodity markets, where settlement can take several weeks.
“Our users have consistently shown interest in diversifying beyond traditional cryptocurrencies into real-world assets. By listing xU3O8 alongside tez, we’re providing Filipinos access to institutional-grade uranium asset and the Tezos ecosystem,” said Emmanuel Ignacio, business development and marketing manager of Coins.ph.
The product is built on Tezos, a proof-of-stake blockchain known for low transaction fees and on-chain governance. The xU3O8 project is linked to Uranium.io and supported by Trilitech, Tezos’ research and development center in London.
“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,” said Ben Elvidge, product lead at Uranium.io and head of commercial applications at Trilitech.
The dual listing of xU3O8 and tez reflects growing interest in real-world asset tokenization in the Philippines, where crypto adoption remains relatively high compared with other Southeast Asian markets.
Coins.ph said the move is part of its effort to broaden access to alternative digital assets within a regulated framework.
Tezos-related activity in the country has also increased in recent years, including NFT art initiatives and community meetups in Manila. These events have contributed to building a local developer and creator ecosystem around the network.
With the addition of tokenized uranium, Coins.ph joins a small group of exchanges offering blockchain-based exposure to commodities, positioning the Philippine market as an early adopter of real-world asset tokenization in the region.
