Meet our Founder & Executive Chairman, Donald Putnam. Some founders follow trends but Donald Putnam has a habit of arriving before they become obvious. Early computing. Automated trading systems. Institutional index funds. Portfolio analytics. AI expert systems. Machine learning. Blockchain. Before founding Energy Substantiation, Donald had already helped shape several chapters of modern financial technology. Now, he’s arrived with a simple but ambitious idea: Bring energy onto modern financial rails, starting with $WTIC.