EtherlinkxCo is the first tokenized physical cobalt: each token is a right of ownership over one kilogram of cobalt held by Archax as trustee, stored in industry-certified bonded warehouses in the Netherlands. Issued by Metals.io, the same Trilitech-built platform behind uranium.io, it settles on Etherlink, Tezos' EVM Layer 2, and routes live through the aggregator. Cobalt has historically been reachable only through LME lots and specialist funds.
A kilogram of the metal inside every EV battery, in your wallet.
Prism analyst note
xCo is a kilogram of physical cobalt as an ERC-20, the first of its kind, from the team behind tokenized uranium. It priced live through the aggregator at listing (~$51/kg), but the float is about one tonne and thirty holders, so treat it as a frontier market: quotes are live, size is limited, and the trust structure is the issuer's, not Prism's.
Generated from issuer disclosures and reviewed against the sources listed below. Not investment advice.
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Prism read this token's contract directly on its chain and confirmed the figures the issuer publishes.
- What was checked
- Prism read this token's contract on Etherlink (Tezos L2) and confirmed the symbol, decimals, and supply the issuer publishes.
- Last verified
- Sep 1, 2026
- Token contract
- 0x21a9…bD67
- Custody
- Archax (trustee); bonded warehouses, Netherlands
Documents & disclosures
Frequently asked
What exactly do I own?+
A right of ownership over one kilogram of cobalt held by Archax as trustee in Dutch bonded warehouses, recorded on an Etherlink smart-contract ledger.
Why cobalt?+
It is the constraint metal in EV and grid batteries, historically tradeable only in LME lots. xCo makes the exposure fractional and transferable.
Can I take delivery?+
Redemption runs through Metals.io with KYC and minimum quantities, realistic for industrial size, not for a single kilogram.