Energy Substantiation announces the listing of WTIC on LMAX Digital, launching a physical-backed crude oil token targeting the institutional market.
WTIC is a token that is supported 1:1 by physical WTI crude oil. With its listing on LMAX Digital, the trading ecosystem of WTIC has gained a leading institutional digital asset exchange.
- Energy Substantiation has launched WTIC, which is a 1:1 physical-backed WTI crude oil token. It is now available for spot trading by institutions on LMAX Digital.
- This listing adds a mature institutional exchange to the trading ecosystem of WTIC. Previously, it has been traded on Uniswap and BingX.
- Each WTIC represents a barrel of WTI crude oil, and is supported by verified physical inventory in a 1:1 ratio.
Laxper, California, October 15, 2026 / PRNewswire / -- Energy Substantiation Today, we announce that our WTIC token has been listed on LMAX Digital, the leading institutional digital asset execution platform under LMAX Group. The company stated that this listing adds an important institutional trading venue to the continuously expanding ecosystem of WTIC; in addition to Uniswap and BingX, investors can now access physical crude oil more broadly through the digital asset market.
Crude oil is one of the largest and most actively traded commodities on a global scale, but investors have traditionally focused their participation in this market on futures, exchange-traded funds (ETFs), and energy stocks. WTIC offers direct, physical-backed exposure to crude oil in the form of digital assets.
Each WTIC represents a barrel of WTI crude oil, and is supported 1:1 by verified physical WTI inventory. This token serves as a supplement to existing commodity market tools, introducing a new form of spot commodity exposure through the flexibility and accessibility of blockchain transactions. The corresponding crude oil is still held by a mature commercial custody system, and there are independent verifications to confirm the physical support.
Energy Substantiation, co-founder and CEO, and JP Thieriot stated: "Crude oil is one of the most important commodities in the world, but the ways investors acquire this asset have not kept up with the times. The listing of WTIC on LMAX Digital is an important step in bringing physically backed crude oil into institutional digital asset trading, and it also opens up new possibilities for investors, traders, and the broader energy industry."
LMAX Digital is a regulated platform for the execution and custody of digital assets, affiliated with LMAX Group. LMAX Digital is built on the technology of LMAX Group's own exchange, providing institutional participants with transparent price discovery, efficient execution, and access to digital asset liquidity.
LMAX Digital Managing Director Chris Knight stated: "In an environment where major macroeconomic events may occur outside of traditional market trading hours, including on weekends, tokens like WTIC provide institutions with a new means to respond to these changes."
The company stated that this listing advances the broader vision of Energy Substantiation, which is to establish new financial infrastructure around physical energy and other commodities.
About Energy Substantiation
Energy Substantiation is committed to building infrastructure to bring global energy commodities onto the blockchain. The company states that its proprietary model can convert physical energy into verifiable digital assets, creating new ways for investors and institutions to access direct commodity exposures, as well as providing new sources of capital for energy suppliers. Its first asset is WTIC, which is a token supported 1:1 by physical WTI crude oil. For more information, please visit energysubstantiation.com.
About LMAX
LMAX Group is a global cross-asset market operator dedicated to facilitating the integration of traditional finance and digital finance through credible technologies. The company operates multiple institutional execution platforms and provides custody and market data services for foreign exchange and digital assets. LMAX states that it connects the world's largest asset classes with the most emerging asset classes through seamless, transparent, and regulated infrastructure. For more information, please visit www.lmax.com.
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