A New Era Begins: LCX Introduces End-to-End Tokenization Framework Featuring LCX Gold (LCXG), LCX Silver (LCXS), and LCX Platinum (LCXP)
por LCX Team ·
LCX has officially published its white paper of three new utility tokens — LCX Gold (LCXG), LCX Silver (LCXS), and LCX Platinum (LCXP). These tokens are designed to provide digital access to on-chain ownership certificates (NFTs) representing securely stored, investment-grade physical gold, silver, and platinum.
The white paper introduces how these tokens operate within LCX’s broader end-to-end tokenization infrastructure, a system that combines physical asset validation, secure storage, NFT-based proof of ownership, and ERC-20 access tokens — all fully on-chain and transparent.
LCX’s End-to-End Tokenization Framework — Built for Real-World Assets
LCX’s newly unveiled infrastructure enables the secure digitization of physical assets into blockchain-native formats — delivering an end-to-end solution for tokenization that can be used for LCX’s own products as well as by external partners as part of a tokenization service.
The core components include:
Physical Validator Record
LCX holds a unique and rare license as a Physical Validator under Liechtenstein’s blockchain legislation. This officially recognizes LCX’s authority to verify the authenticity, ownership, and physical presence of real-world assets — a critical foundation for trustworthy tokenization.
Secure Vault Storage
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.
NFT-Based Ownership Certificates
Through a partnership with Tiamonds AG, each asset is tokenized into a non-fungible token (NFT) that represents full digital proof of ownership of one (1) ounce of gold, silver, or platinum.
LCX Tokenization Bridge
This proprietary smart contract system enables the minting and redemption of utility tokens linked to tokenized ownership certificates (Tiamonds NFTs):
Deposit a Tiamonds NFT → receive one (1) LCXG, LCXS, or LCXP utility token
- Return one (1) LCXG, LCXS, or LCXP token → retrieve the original NFT
- All transactions are executed on-chain, ensuring transparency, traceability, and verifiability
ERC-20 Utility Tokens (Coming Soon)
LCX Gold (LCXG), LCX Silver (LCXS), and LCX Platinum (LCXP) are fungible ERC-20 tokens designed to function as digital access keys — not claims to physical metal, but gateways to unlock specific NFTs tied to authenticated assets.
- 1 LCXG = Access to 1 Tiamonds Gold NFT
- 1 LCXS = Access to 1 Tiamonds Silver NFT
- 1 LCXP = Access to 1 Tiamonds Platinum NFT
Once issued, these tokens will be listed and tradable on the LCX Exchange, allowing secure, secondary-market participation for retail and institutional users alike.
LCX Gold (LCXG)
LCXG is a utility token that provides access to a specific Tiamonds Gold NFT — an on-chain ownership certificate representing exactly one (1) ounce of investment-grade physical gold.
Holding one (1) LCXG token enables the user to unlock and retrieve one (1) corresponding Tiamonds Gold NFT via the LCX Tokenization Bridge. The NFT itself confers the actual ownership rights to the physical gold, which is securely stored and independently insured.
LCXG does not represent direct ownership of the metal; it is solely a permissioned access token to the authenticated, on-chain certificate.
LCX Silver (LCXS)
LCXS will give access to one (1) Tiamonds Silver NFT — each NFT representing one (1) ounce of authenticated, investment-grade physical silver.
By holding one (1) LCXS token, users can retrieve one (1) specific Tiamonds Silver NFT through the LCX Tokenization Bridge. The NFT, not the token, grants ownership rights to the physical silver stored in insured vaults in Liechtenstein.
LCXS is not a silver-backed token, but rather a digital access mechanism to interact with the on-chain proof of ownership.
LCX Platinum (LCXP)
LCXP will function as a utility token granting access to one (1) Tiamonds Platinum NFT — a tokenized ownership certificate for one (1) ounce of physical platinum.
Exactly one (1) LCXP token is required to unlock one (1) corresponding NFT, which independently represents and proves ownership of the platinum. LCXP does not convey direct rights to the physical asset, but acts as a fungible, ERC-20 access token in a controlled, transparent ecosystem.
