Energy Substantiation's physically backed WTI crude oil token WTIC lists on LMAX Digital for institutional spot trading

Energy Substantiation said its WTIC token, backed 1:1 by verified physical WTI crude oil inventory, is now available for institutional spot trading on LMAX Digital, part of LMAX Group. The listing joins Uniswap and BingX in WTIC's trading ecosystem. Each WTIC represents one barrel of WTI crude, with the underlying oil held in commercial custody and independently verified. CEO JP Thieriot called the listing a step toward bringing physically backed oil into institutional digital asset trading; LMAX Digital's Chris Knight said such tokens let institutions respond to macro events outside traditional market hours.

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• Institutional Adoption
• Spot Trading