The Future of Rare Earth Ownership

Tokenized Thulium

The ultra-rare element powering medical fiber lasers, portable X-ray systems, and radiation sources is facing critical supply constraints. Toto Finance is building the infrastructure to tokenize thulium — from 1:1 redeemable refined oxide to In-Ground future delivery contracts — with instant stablecoin settlement and DeFi secondary markets.

Thulium Oxide (Tm₂O₃) / 99.9% Oxide Price

Global Rare Earth Market

$1,650,000/mt

↑ +94% YTD

Market Size

$28M+

Global

2025 Deficit

1.8 t

Tonnes

2026 Forecast

$1,850,000/mt

Per Metric Tonne

Settlement

T+0

Instant

$28M+ Global Thulium Market • 2.0 μm Medical Fiber Lasers • 8.5 Tonne Supply Gap by 2030 • 1:1 Backed Redeemable Thulium Oxide • In-Ground Thulium Future Delivery Contracts • USDC + USDT + USAT Instant Settlement • DeFi Yield, Loans & Secondary Trading • $16T+ Tokenized Asset Market by 2030 • $28M+ Global Thulium Market • 2.0 μm Medical Fiber Lasers • 8.5 Tonne Supply Gap by 2030 • 1:1 Backed Redeemable Thulium Oxide • In-Ground Thulium Future Delivery Contracts • USDC + USDT + USAT Instant Settlement • DeFi Yield, Loans & Secondary Trading • $16T+ Tokenized Asset Market by 2030 •

The Thulium Crisis

Why Thulium Is Critical to Minimally Invasive Surgery

The world is running out of thulium. Medical laser manufacturers, portable X-ray developers, and industrial radiation system producers are creating unprecedented demand while global supply remains virtually non-existent. This is not a cycle. It is a medical technology materials emergency.

1.8 t

2025 Supply Deficit

Roskill forecasts a 1.8-tonne thulium deficit in 2025, with the gap widening through 2030. Global thulium production is only 4.2 tonnes annually — barely enough to supply two major medical laser manufacturers. Thulium is the second-rarest stable rare earth element, making supply fundamentally constrained.

2.0 μm

Optimal Soft Tissue Wavelength

Thulium fiber lasers emitting at 1.94–2.0 micrometers provide the ideal wavelength for soft tissue surgery with superior hemostasis and minimal thermal damage. 85% of global thulium demand comes from medical laser applications including urology, dermatology, and minimally invasive surgery where thulium's wavelength offers advantages over holmium lasers.

8.5 t

2030 Supply Gap

Global thulium demand is projected to reach 21 tonnes per year by 2030, while supply from existing and planned rare earth mines will deliver only 12.5 tonnes. The 8.5-tonne gap represents a 40% shortfall, according to Critical Minerals Institute projections.

Medical Lasers & Radiation Technology

The Surgical Laser Revolution Is Exhausting Thulium Supply

Every thulium fiber laser surgery, every portable X-ray scan, every radiation source requires thulium. The element's unique optical and nuclear properties make it irreplaceable for advanced medical lasers, portable diagnostic imaging, and industrial radiation applications.

Thulium Fiber Lasers (85% of Demand)

Thulium fiber lasers are revolutionizing urology, offering superior stone fragmentation, prostate enucleation, and bladder tumor resection compared to holmium lasers. With 450,000 thulium laser procedures performed annually and each laser system containing 30–80 grams of thulium-doped fiber, medical lasers consume 3.5 tonnes annually, growing at 32% CAGR.

Portable X-Ray Systems

Thulium-170 isotopes enable compact, portable X-ray devices for field hospitals, emergency response, and remote medical facilities. Each portable X-ray unit requires 5–15 grams of thulium-170. The portable medical imaging sector consumes 0.4 tonnes annually, with demand accelerating at 28% CAGR as point-of-care diagnostics expand globally.

Industrial Radiation Sources

Thulium-170 sources power industrial radiography for non-destructive testing of welds, castings, and structures in aerospace, oil & gas, and construction. The industrial NDT sector consumes 0.2 tonnes annually, with demand growing as infrastructure inspection requirements intensify.

High-Temperature Superconductors

Thulium-barium-copper-oxide (TBCO) compounds enable superconducting materials operating above liquid nitrogen temperatures. Quantum computing and MRI applications consume 0.1 tonnes annually, with demand projected to reach 1.5 tonnes by 2030 as quantum hardware commercializes.

Thulium Demand Projection (Tonnes/Year)

2025

6.0 t

Current

2028

12.5 t

Projected

2030

21.0 t

Roskill

2035

38.0 t

Roskill

Supply '30

~12.5 t

Gap: 8.5+

Sources: Roskill, Critical Minerals Intelligence, USGS, American Urological Association.

Resources

Where the Thulium Comes From

Toto Finance works directly with rare earth mining companies and heavy rare earth separation facilities, securing thulium assets at the producer and refinery level. No middlemen. No intermediary traders. Direct from source.

China

China produces 91% of global thulium from ionic clay deposits in southern provinces, particularly Jiangxi, Guangdong, and Fujian. Chinese heavy rare earth separation facilities produce high-purity thulium oxide for medical laser and radioisotope applications, though export restrictions are tightening supply.

North America (USA & Canada)

United States and Canadian rare earth operations developing heavy rare earth separation capabilities, including specialized extraction for thulium. Critical mineral designation has prioritized domestic thulium supply for medical device and defense radiation source applications.

Australia

Australia's heavy rare earth deposits in Northern Territory and Western Australia contain thulium concentrations. Advanced separation technologies enable economic thulium recovery from xenotime and ionic clay sources for medical applications.

Southeast Asia & Vietnam

Vietnam's ionic clay deposits contain significant thulium concentrations. Emerging Southeast Asian heavy rare earth processing facilities are developing specialized thulium extraction capabilities for medical laser supply chains.

Greenland & Scandinavia

Greenland's Kvanefjeld project and Scandinavian heavy rare earth deposits contain thulium. Strategic importance for European medical device and scientific research supply chains.

Exploration & Preparation

New heavy rare earth fields in preparation and exploration phases across Africa, South America, and Central Asia, offering In-Ground Thulium positions at pre-production economics before reserves reach market.

Secured at source. Toto Finance eliminates commodity brokers and trading intermediaries by working directly with rare earth mining companies and heavy rare earth separation facilities. Better pricing, verified provenance, and a transparent chain of custody from mine to token.

Platform

How Tokenized Thulium Works

Instant stablecoin settlement, DeFi secondary markets, collateral loans, and 24/7 global trading — all on-chain with institutional-grade compliance.

Learn How Tokenization Works

Frequently Asked Questions

Everything About Tokenized Thulium

Common questions about tokenized thulium, In-Ground Thulium, instant settlement, and DeFi secondary markets on Toto Finance.

Tokenized thulium is a blockchain-based digital asset backed 1:1 by refined thulium oxide (Tm₂O₃) stored in insured, audited vaults. High-purity thulium oxide (99.9%+ Tm₂O₃), ready for medical laser fiber production and radioisotope applications. Each token is always redeemable for physical thulium on demand. Toto Finance is building the infrastructure to bring this to market with instant stablecoin settlement and DeFi secondary markets.
In-Ground Thulium is a tokenized future delivery contract for physical thulium still in the ground at certified rare earth mining operations with heavy rare earth content. Short-term delivery (1-12 months) is tied to active operations, and long-term delivery (1-6 years) is backed by proven thulium content in heavy rare earth reserves. Designed for medical device manufacturers, radioisotope producers, sovereign wealth funds, and investors positioning for the structural thulium deficit.
Toto Finance works directly with rare earth mining companies and heavy rare earth separation facilities across China (91% of production from ionic clay deposits), North America (USA and Canada developing specialized extraction for medical device security), Australia (Northern Territory and Western Australia heavy rare earth deposits), Southeast Asia and Vietnam (ionic clay with significant thulium concentrations), and Greenland/Scandinavia (strategic European supply). Sourcing covers developed operations in active production and new heavy rare earth projects in preparation. No middlemen. Direct from source.
Three categories: (1) Industrial clients needing physical thulium — medical laser manufacturers and surgical equipment companies, urology and minimally invasive surgery device manufacturers, portable X-ray and diagnostic imaging equipment producers, hospital surgical centers and laser surgery providers, industrial radiography and NDT equipment manufacturers, nuclear medicine and radioisotope producers, high-temperature superconductor developers, quantum computing hardware manufacturers, laser fiber and optical component manufacturers, and defense/aerospace radiation source producers. (2) Investors and commodity brokers, especially mid-size firms who cannot typically access premium thulium deals. (3) Crypto-native participants including funds, protocol treasuries, blockchain foundations, and DAOs seeking real-world asset diversification.
Toto Finance enables T+0 instant settlement using stablecoins: USDC (Circle), USDT (Tether), and USAT (Tether's US coin under the GENIUS Act). This eliminates brokers, banks, clearing houses, custodians, and settlement agents. Like Amazon matching buyers and sellers directly, Toto Finance connects thulium producers with buyers on-chain.
Yes. Once purchased, secondary trading happens on DeFi platforms globally. Holders can buy, sell, hedge, earn yield through smart contract lending, or use thulium as collateral for on-chain loans. Investors can expose assets to short sellers or long traders who borrow and pay interest, all managed at the protocol level. Collateral loans backed by tokenized thulium represent a new programmable financial model.
Thulium fiber lasers operating at 1.94-2.0 μm offer superior hemostasis, finer tissue ablation, and reduced bleeding compared to holmium lasers at 2.1 μm. With 450,000 thulium laser procedures performed annually (growing 32% CAGR) and each system containing 30-80g of thulium-doped fiber, urologists are rapidly adopting thulium for kidney stone treatment, prostate surgery, and bladder tumor resection. 85% of thulium demand comes from medical lasers, with supply constrained by global production of only 4.2 tonnes annually.
Roskill forecasts $1,850,000/mt in 2026. Critical Minerals Intelligence projects prices exceeding $2,000,000/mt by 2027 as medical laser adoption accelerates and portable X-ray systems scale globally. The structural deficit is expected to intensify through 2030 as minimally invasive surgery adoption grows 32% annually and point-of-care diagnostic imaging expands worldwide.
Visit totofinance.co to explore the platform and stay updated on launch announcements. Institutional investors, mining partners, medical device manufacturers, radioisotope producers, and industrial buyers can reach out directly for partnership inquiries and early allocation discussions.

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The Thulium Deficit Is Here

The world needs 21 tonnes of thulium by 2030. Supply will fall short by over 8.5 tonnes. Toto Finance is building the platform to tokenize thulium — from 1:1 redeemable refined oxide to In-Ground future delivery — with instant stablecoin settlement and DeFi secondary markets.

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