CoinScoopEnergy Substantiation Launches WTIC Token to Tokenize WTI Crude Oil on Ethereum
Energy Substantiation has introduced WTIC, an Ethereum-based token backed one-to-one by physical barrels of WTI crude oil. Co-founder Wil Harris stated that tokenizing hard-to-custody assets like oil represents a significant innovation in the sector, aiming to provide retail investors access to the commodity market.
Summaries are written by AI from the original article. Not investment advice.