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Madison Metals Explores Launch of Uranium-Backed NFTs and Fungible Tokens

June 30 (Cointime) - Madison Metals, a mining company based in Toronto, Canada, is reportedly considering launching uranium-backed NFTs and fungible tokens. The company had previously attempted to launch this project in April but had to postpone it. Madison's CEO, Duane Parnham, stated that a revised offering is coming soon and that the company's development team will be able to list a token backed by the company's uranium. This would allow retail investors to participate in commodities trading. Tokenization of various assets has been gaining popularity, including tokenized real estate and bank deposits.

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