Tokenized oil ($WTIC) is now tradable on BingX Exchange
This marks the first 1:1 backed and redeemable spot oil offerring on a Centralized Exchange
Head to BingX to trade crude oil with no funding rate, no margin balance required, no expirations, and no roll cost
Tag the exchange you think should be next
Tokenized oil ($WTIC) is now tradable on BingX Exchange
This marks the first 1:1 backed and redeemable spot oil offerring on a Centralized Exchange
Head to BingX to trade crude oil with no funding rate, no margin balance required, no expirations, and no roll cost
Tag the exchange you think should be next
Pumped to see the U.S. Oil & Gas Association sharing Bloomberg’s profile of WTIC and Energy Substantiation.
Bringing American energy markets onchain starts with the industry that produces it. 🇺🇸🛢️
MEET WTIC.
One token. One barrel of WTI crude.
WTIC is an ERC-20 token designed to bring direct spot crude oil exposure onchain, backed 1:1 by verified physical WTI.
• Fractional ownership
• 24/7 accessibility
• Lower barriers to entry
Real-world energy meets digital markets.
$WTIC—0x709ab533d18e652ecd56423d71c0241a0ee56a3b
Start with @matt_levine's observation about a crypto startup tokenizing physical WTI crude. His punchline: "You know that real physical thing you can't sell? Why don't you sell a token of it instead?" Funny. But also possibly the most important sentence in commodity finance right now. #crude 2/16
https://t.co/caCXhR7OHa
💰 $5,000 for onchain oil traders.
→ Trade $WTIC
→ Reach $1,500 in volume
→ First 300 participants unlock boosted rewards once $450K total volume is reached
Campaign runs June 3 – July 3.
https://t.co/6MKuhjktVB
Oil, onchain.
We're partnering with @energyrwa to put $5,000 in the hands of onchain oil traders. WTIC is backed 1:1 by barrels of West Texas Intermediate oil.
Trade on Uniswap to share the pool.
https://t.co/8uWgo5tX5l
Tokenized RWAs are growing and have officially surpassed $31.4B 📈
WTI crude is one of the most liquid global markets, now emerging onchain.
$WTIC gives spot exposure to WTI oil without futures roll.