Meet LITRO: The tokenized crude project to start pilot testing soon for 2027 debut
By Omkar Godbole
Published on March 12, 2026.
The International Digital Exchange (INDEX) (LITRO), a platform for tokenized oil, is set to begin pilot testing soon for its 2027 debut. The project aims to put oil on the blockchain, with each LITRO token representing 1 litre of real crude. The token's value will be indexed to global oil benchmarks like Brent and West Texas Intermediate. The platform is designed to modernize the $6 trillion global oil market's outdated paper-based systems. It aims to provide faster, more accessible, and transparent trading. The tokens are minted on a 1:1 basis with physical oil volume and are designed to offer 24/7 liquidity and the potential for direct redemption.
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