Energy Substantiation's physically backed WTI crude oil token WTIC lists on LMAX Digital for institutional spot trading.
RWA & Tokenization ·
Energy Substantiation's WTIC token, a physically backed WTI crude oil token, has listed on LMAX Digital for institutional spot trading. The listing expands the venue through which the token can be accessed while maintaining a U.S. business-day minting and redemption schedule.
Spot trading in crypto involves the direct buying and selling of digital assets at current market prices with immediate or near-immediate settlement. In WTIC's case, the token's listing on the institutional trading platform provides another channel for participants to transact in the underlying commodity exposure that the token represents.
The expansion to LMAX Digital follows the token's earlier availability on other venues. Details on trading volumes, fee structures, or the timeline for full operational integration on the platform remain unclear.