LCX Has Officially Published Its White Paper of Three New Utility Tokens

LCX has officially published its white paper of three new utility tokens — LCX Gold (LCXG), LCX Silver (LCXS), and LCX Platinum (LCXP).

LCX, the leading multi-asset financial institution and exchange, has officially published the white paper for its new utility tokens: LCX Gold (LCXG), LCX Silver (LCXS), and LCX Platinum (LCXP).

These tokens provide digital access to on-chain ownership certificates (NFTs) in a massively scalable manner, with each NFT tying to a securely stored, investment-grade physical ounce of gold, silver, or platinum.

The paper also introduces how these tokens operate within LCX’s broader end-to-end tokenization infrastructure—a system for physical asset validation, secure storage, NFT-based proof of ownership, and ERC-20 access tokens, all fully on-chain and transparent.

As the multi-asset financial institution and exchange regulated in Liechtenstein, LCX is uniquely positioned to build an efficient and compliant ecosystem for tokenized assets. The company holds a unique and rare license as a Physical Validator under Liechtenstein’s blockchain legislation, officially recognizing LCX’s authority to verify the authenticity, ownership, and physical presence of real-world assets—a critical foundation for trustworthy tokenization.

Furthermore, all validated metals are stored in high-security, fully insured vaults in Liechtenstein, backed by Lloyd’s of London. Custody is handled independently with clear separation from LCX’s operational assets.

In partnership with Tiamonds AG, a leading blockchain technology provider focused on fractionalized ownership of valuable assets, each ounce of metal is tokenized into a non-fungible token (NFT) that represents full digital proof of ownership. These NFTs are integrated into a proprietary smart contract system devised by LCX for minting and redeeming utility tokens.

To create a seamless user experience, LCX is introducing three ERC-20 utility tokens: LCX Gold (LCXG), LCX Silver (LCXS), and LCX Platinum (LCXP). These fungible tokens function as digital access keys—not claims to physical metal, but gateways to unlock specific NFTs tied to authenticated assets.

Each utility token is designed to be listed and tradable on the LCX Exchange, allowing for secondary-market participation from retail and institutional users interested in specific metals.

The LCX Tokenization Bridge is a specialized smart contract that facilitates the conversion between Tiamonds NFTs and LCX’s utility tokens.

Users depositing a Tiamonds NFT—certifying ownership of one ounce of gold, silver, or platinum—will receive one (1) LCXG, LCXS, or LCXP utility token.

Conversely, holding an LCX utility token and wishing to access the corresponding NFT can easily do so via the bridge. For instance, anyone holding one (1) LCXG token can claim a Tiamonds Gold NFT, which in turn is linked to one (1) ounce of gold stored in a vault.

The utility tokens serve as unique identifiers granting access to a specific NFT on the LCX Tokenization Bridge, with the NFT itself conferring the actual ownership rights to the physical metal, which is securely stored and independently insured.

The LCX tokens will also be fully compliant with applicable securities and financial services law in order to ensure seamless integration into the existing financial ecosystem.